Choice Commodity Research

Sumeet Bagadia’s Desk : Target Achieved @ 332.1...Buy in Commodity ALUMINIUM|31MAR26 @ 330.7 SL 330 TGT 332.10

Sumeet Bagadia’s Desk : Book Full Profit @ 530...Buy in Commodity CRUDEOIL|17MAR26 CE 7400.00 @ 485.3 SL 455.3 TGT 545.30

Global Update The Trump administration has ruled out, for now, using the U.S. Department of the Treasury to trade oil futures to control rising energy prices amid the Iran war. Officials believe such intervention would have limited impact on markets. Impact: Negative for crude oil. -Choice Broking

Sumeet Bagadia’s Desk : Book Part Profit @ 331.45...Buy in Commodity ALUMINIUM|31MAR26 @ 330.7 SL 330 TGT 332.10

Sumeet Bagadia’s Desk:Buy ALUMINIUM|31MAR26 in Commodity @ 330.7 SL 330 TGT 332.10

Natural gas Update Natural gas futures declined after the Trump administration signaled steps to curb rising energy prices amid Middle East tensions. Warmer-than-normal US weather outlook is expected to keep demand weak, though supply disruption fears from the Strait of Hormuz may limit downside. -Choice Broking

Sumeet Bagadia’s Desk : Book Part Profit @ 509.4...Buy in Commodity CRUDEOIL|17MAR26 CE 7400.00 @ 485.3 SL 455.3 TGT 545.30

*Call Ratio Spread* Sumeet Bagadia’s Desk: Buy NATURALGAS 270 CE 24-Mar 1 lot @ 19.50 Sell NATURALGAS 290 CE 24-Mar 2 lots @ 12.65 Buy NATURALGAS 300 CE 24-Mar 1 lot @ 10.15 Max loss: 5437.50 below 270 (on expiry) Max profit of 19562.50 at 290 (on expiry) Max profit of 7062.50 above 300 (on expiry) Risk-Reward: 1 : 3.50 Margin required: 92,300 Breakeven : 274.40 (Duration: 2 weeks)

Call Ratio Spread - NATURALGAS,Max Profit - 19562.50| Max Loss - 5437.50.Check out details:https://finx.choiceindia.com/research-report/research/option_strategy/report

Sumeet Bagadia's Desk: Book Part Profit in CRUDEOIL strategy Approx. Profit of Rs. 1490 at cmp

Sumeet Bagadia’s Desk:Buy CRUDEOIL|17MAR26 CE 7400.00 in Commodity @ 485.3 SL 455.3 TGT 545.30

Sumeet Bagadia’s Desk:Buy SILVERMIC|30APR26 in Commodity @ 273574 SL 269995 TGT 280732.00

Global Update The Trump administration is considering measures to curb rising oil and gasoline prices amid the Iran conflict, including naval escorts for tankers through the Strait of Hormuz and a possible release Strategic Petroleum Reserve release to stabilize global energy markets. Impact: slightly Negative for Crude oil. -Choice Broking

Silver Update Silver rose on 2.25% with the broader precious metals rebound, but remained set for a weekly loss as investors favored the dollar amid the escalating US–Israel–Iran conflict and rising oil prices. Strong US data and inflation concerns also pushed expectations for Federal Reserve rate cuts to later this year. -Choice Broking

Dollar Update The dollar index steadied near 98 level supported by safe-haven demand amid the escalating US–Israel–Iran conflict and rising oil prices, which increased inflation concerns and delayed expectations for Federal Reserve rate cuts. -Choice Broking

*CME Margin Update:* CME cuts initial margin on its COMEX 100 Gold futures to 7% from 9% and for COMEX 5000 Silver futures to 14% from 18%

Global Updates • The dollar index increased to 99.1, the highest since mid-January, fueled by safe-haven demand amid escalating Iran conflict. • President Trump expressed the need for personal involvement in selecting Iran's next leader, deeming Khamenei's son unacceptable. • The US-Israeli offensive against Iran has reached its seventh day, with Iran retaliating by launching strikes on Bahrain's oil refinery and Israel conducting airstrikes on Tehran; the US has suspended embassy operations in Kuwait. • Iranian Foreign Minister Abbas Araghchi denied ceasefire requests and showed no interest in negotiations. • The Challenger Job Cuts report indicated 48,307 job cuts announced in February, a 55% reduction from January's 108,435; Initial Jobless Claims for the week ending February 28 matched previous levels at 213K, below the expected 215K. • China's government has instructed refiners to halt diesel and gasoline exports, adding to market strain. • The ECB anticipated further inflation drops below the 2% target before the surge in energy prices due to the Middle East conflict. • Rising oil prices, which increased by over 20% this week, may elevate short-term inflation due to Europe's dependency on imported energy. • The ECB's Monetary Policy Meeting Accounts reflected confidence in the inflation trend but highlighted persistent uncertainty, with traders raising bets on a 75% chance of an ECB rate hike this year. -Choice Broking

*US Natural Gas Storage* Actual : -132B Forecast : -122B Prev.: -52BB Impact: Positive for NG