Trade long in Nifty if it holds 4650: Karvy

MUMBAI: Karvy Stock Broking expects the market to open flat-to-positive. It advises to trade long in Nifty if it holds 4650 levels.

���Indices are expected to open on a flat-to-positive note tracking negative US markets and Asian indices are trading on a flat-to-positive note. Trade long in Nifty if it holds 4650 levels, else from 4620 levels with a stoploss placed at 4600 levels for a target of 4700- 4720 levels. Alternatively assumes speculative short if Nifty fails to breach 4750 levels,��� said the technical report.