Trade long in Nifty if it holds 4600: Karvy

MUMBAI: Karvy Stock Broking expects a flat-to-negative opening for the markets. It has advised to trade long in Nifty if it holds 4600.

���Indices are expected to open on a flat-to-negative note tracking negative US markets. Trade long in Nifty if it holds 4600 levels, with a stop loss placed at 4580 levels. Alternatively assumes speculative short if Nifty slips below 4580 else from if nifty fails to breach 4650 levels,��� the brokerage said.