Trade long if Nifty holds 4860 levels: Karvy

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The indices are expected to open on a flat-to-positive note tracking mixed global indices. Trade long if Nifty holds 4860 levels else from 4830 targeting 4900-4935 with stop loss placed at 4800. Alternatively, trade short if Nifty fails to surpass 4950 with stop loss placed at 4965 targeting lower supports.

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