Equity snapshot (indices)

Equities are all trading in green today as risk aversion subsided. Performance this week at a glance in chart & table -

S&P 500 -

• S&P once again got support around 2040 area, trying to regain its footing today.
  
• S&P500 unless clears above 2100 area, selling pressure likely to persist.
  
  
• Initial jobless claims rose to 297,000 from 281,000 last week.
  
  
• S&P 500 is currently trading at 2061. Immediate support lies at 1980, 2040 and resistance 2164.

FTSE -

• FTSE is sharply up today amid risk on sentiment and improved sentiment due to easier budget. Today's range 6600-6490.

• FTSE is currently trading at 6580. Immediate support lies at, 6050 and resistance at 7000. 6750 area is likely to provide resistance.                                    

DAX -

• DAX is sharply up today as bargain hunters jumped in with risk aversion subsiding. Today's range 11030-10740

• DAX is currently trading at 10990. Immediate support lies at, 10500 and resistance at 11500, 12100 around.

EuroStxx50 -

• Stocks across Europe are all trading in green as market is more confident over a weekend deal on Greece.
  
  
• Germany is up (+2.32%), France's CAC40 is up (+2.55%), Italy's FTSE MIB is up (3.25%), Portugal's PSI 20 is up (+4%), Spain's IBEX is up (+2.8%)

• EuroStxx50 is currently trading at 3416, down by +3.2% today. Support lies at 3300 and resistance at 3760.

Nikkei -

• Nikkei jumped back sharply but remains the worst performer this week. Asian rout in equities contributed to sharpest drop. Stronger Yen remains head winds for Nikkei. Today's range 19100-19900

• Nikkei is currently trading at 19700. Key support is at 19000 and resistance at 20000 area.