Spectral observations of the WN3p star WR46 (HD 104994) obtained during June 1993 and January/February 1994 display large amplitude radial velocity variations of the strong emission lines Nv 4603-19Å and HeII 4686A, on a time scale of a fraction of a day. The most probable period found is 0.311 d, similar to the photometric period found by previous authors. The amplitude of the radial velocity variations of Nv emission is almost twice that of HeII. Noting the similarity of WR46 with low mass X-ray binaries, we suggest that the emission line spectrum corresponds to that of a luminous accretion disk in an evolved binary system.