The effect of an induced magnetic field on peristaltic flow of an incompressible Carreau fluid in an asymmetric channel is analyzed. Perturbation solution to equations under long wavelength approximation is derived in terms of small Weissenberg number. Expressions have been constructed for the stream function, the axial induced magnetic field, the magnetic force function, the current density distribution and the temperature. Trapping phenomenon is examined with respect to emerging parameters of interest.