Sensex today: The benchmark indices Sensex and Nifty are expected to open higher as Asian markets crept ahead on Wednesday after Wall Street took heart from upbeat corporate earnings, though nagging concerns about trade barriers and the global growth outlook kept currencies and bonds subdued. At 8:30 am, SGX Nifty was trading at 10,581, up 26.50 points or 0.25 per cent.

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Chinese markets also struggled even as Beijing boosted liquidity in the banking system. After opening up, Shanghai blue chips soon turned 0.2 percent lower.

Late Tuesday, the PBOC unexpectedly announced it would cut the cash banks hold as reserves in a move that frees up lending for small firms but falls short of a broad monetary easing. The Shanghai index had hit a near one-year low after the United States banned American companies from selling components to Chinese telecom equipment maker ZTE Corp.

MSCI’s broadest index of Asia-Pacific shares outside Japan bounced 0.5 per cent, though that follows four straight sessions of losses. Japan’s Nikkei climbed 1.2 per cent, with investors waiting for any developments on trade as Japanese Prime Minister Shinzo Abe meets President Donald Trump at his Mar-a-Lago resort.

E-Mini futures for the S&P 500 gained 0.1 per cent after robust earnings from Netflix, Goldman Sachs and healthcare companies fuelled optimism about what is expected to be the strongest earnings season in seven years.

The Dow ended Tuesday up 0.88 per cent, while the S&P 500 rose 1.06 per cent and the Nasdaq 1.78 per cent.

Here are key intraday trading tips:

1. DCB Bank (Buy)

Target: Rs 208
Stoploss: Rs 200

Buying in stock with heavy volumes
Volumes 5 times higher than average

2. Gujarat Pipavav (Buy)

Target: Rs 150
Stoploss: Rs 141

The stock at highest level in 7 weeks
The stock is trading above all key moving averages

3. Container Corp (Buy)

Target: Rs 1400
Stoploss: Rs 1355

Six more states to roll out intra-State e-way bills from April 20

4. TBZ (Buy)

Target: Rs 124
Stoploss: Rs 107

Sales to go up on Akshay Tritiya today
Jewellery stoks to go higher

5. Kopran (Buy)

Target: Rs 78
Stoploss: Rs 73

Strong buying in last hour of trade
Volumes surged three times than average

6. Lincoln Pharma (Buy)

Target: Rs 238
Stoploss: Rs 229

The stock trading above all key moving averages
Recovery at lower levels

7. Steel Strip Wheel (Buy)

Target: Rs 1300
Stoploss: Rs 1245

The stock at record high
Buying seen in stock for last four days

8. Puravankara (Buy)

Target: Rs 168
Stoploss: Rs 158

Realty stocks rose in last hour of trade yesterday
Volumes surged three times than average

9. Srikalahasthi Pipe (Buy)

Target: Rs 372
Stoploss: Rs 360

The stock closed above 200-DMA yestersay
The stock at highest level in 8 weeks

10. Phoenix Mills (Buy)

Target: Rs 615
Stoploss: Rs 580

Macquarie has an outperform rating
Rs 732/ share target price 

(The stocks mentioned here are for informational purpose. Consult your financial advisor before investing.)