Choice Commodity Research

Copper Update Copper futures steadied as rising LME and SHFE inventories eased supply tightness, offsetting Zijin Mining’s output cuts from DRC floods. A weaker US dollar limited losses, with investors focused on the Fed’s upcoming Jackson Hole rate cues. -Choice Broking

Sumeet Bagadia’s Desk : Book Part Profit @ 248355.00...Buy in Commodity SILVERMIC|31AUG26 @ 247160.00 SL 245800.00 TGT 249880.00

Sumeet Bagadia’s Desk:Buy SILVERMIC|31AUG26 in Commodity @ 247160.00 SL 245800.00 TGT 249880.00

Sumeet Bagadia’s Desk : Exit @ 2245.00...Buy in Commodity GOLDM|28AUG26 CE 162000.00 @ 2224.00 SL 1950.00 TGT 2772.00

Sumeet Bagadia’s Desk:Buy GOLDM|28AUG26 CE 162000.00 in Commodity @ 2224.00 SL 1950.00 TGT 2772.00

Rupee Update The Indian rupee hovered near 95.6 per dollar as RBI intervention backed by $73 billion in capital reserves and a weaker US dollar offset month-end corporate demand and high crude prices around $94 a barrel, keeping the currency within a tight range. -Choice Broking

Sumeet Bagadia’s Desk:Target Achieved @ 4766.00…Buy ELECDMBL|28AUG26 in Commodity @ 4595.00 SL 4550.00 TGT 4685.00

Global Market Heatmap Global markets were mixed, with US equities largely steady as the Dow and S&P 500 edged higher while Nasdaq slipped. European markets were broadly flat, while the Nikkei gained modestly. Energy prices declined, with WTI and Brent crude falling around 1.5%, while natural gas dropped nearly 1.6%. Gold rose 0.26%, whereas silver and platinum weakened. Treasury yields eased slightly, with 30-year and 10-year notes showing modest gains. The dollar index remained firm around 98.76.

Sumeet Bagadia’s Desk : Exit @ 347.95...Buy in Commodity ALUMINIUM|31AUG26 @ 347.80 SL 347.00 TGT 349.40

Sumeet Bagadia’s Desk : Stopped Out @ 247377.00...Buy in Commodity SILVERMIC|31AUG26 @ 248365.00 SL 247384.00 TGT 250327.00

Sumeet Bagadia’s Desk:Buy SILVERMIC|31AUG26 in Commodity @ 248365.00 SL 247384.00 TGT 250327.00

Sumeet Bagadia’s Desk : Update on Book Part Profit : Exit at cost in GOLDM|28AUG26 CE 160000.00

US Flash Manufacturing PMI Actual : 53.2 Forecast: 53.9 Prev.: 53.9 Impact : Negative for Base metals US Flash Services PMI Actual : 56.8 Forecast: 54.0 Prev.: 54.6 Impact : Positive for Bullion

Sumeet Bagadia’s Desk:Buy ELECDMBL|28AUG26 in Commodity @ 4595.00 SL 4550.00 TGT 4685.00

Sumeet Bagadia’s Desk : Book Part Profit @ 2341.00...Buy in Commodity GOLDM|28AUG26 CE 160000.00 @ 2200.00 SL 1999.00 TGT 2602.00

Sumeet Bagadia’s Desk:Buy GOLDM|28AUG26 CE 160000.00 in Commodity @ 2200.00 SL 1999.00 TGT 2602.00

Sumeet Bagadia’s Desk:Buy ALUMINIUM|31AUG26 in Commodity @ 347.80 SL 347.00 TGT 349.40