Choice Commodity Research

Geopolitical Update Iran’s President Masoud Pezeshkian said Israeli strikes on Lebanon violate the ceasefire agreement and warned that continued attacks would render negotiations meaningless. -Choice Broking

Sumeet Bagadia’s Desk:Buy ZINC|30APR26 in Commodity @ 327.85 SL 327 TGT 329.55

Sumeet Bagadia’s Desk:Buy SILVERMIC|30APR26 in Commodity @ 240511 SL 236975 TGT 247583.00

Geopolitical Update The head of Iran's nuclear energy agency rejected U.S. and Israeli demands to limit uranium enrichment, calling them unrealistic, ahead of upcoming Iran–U.S. talks under Pakistani mediation later this week. -Choice Broking

Sumeet Bagadia’s Desk : Stopped Out @ 7.6...Buy in Commodity NATURALGAS|23APR26 PE 250.00 @ 9.1 SL 7.6 TGT 12.10

Zinc Update Zinc prices fell on Middle East ceasefire uncertainty, though China’s factory expansion, falling SHFE inventories, and supply disruptions support prices, while new mine output is expected to keep the market slightly surplus. -Choice Broking

Copper Update Chinese smelters have been stepping up exports into the price strength. Outbound shipments jumped to 172,000 tons in January-February from 49,000 ⁠tons in the same period of last year. -Choice Broking

Sumeet Bagadia’s Desk : Target Achieved @ 9252...Buy in Commodity CRUDEOILM|20APR26 @ 8905 SL 8732 TGT 9251.00

Geopolitical Update Authorities in Pakistan’s capital Islamabad declared two days of local holiday at short notice from Thursday ahead of expected talks between the United States and Iran. -Choice Broking

Sumeet Bagadia’s Desk : Stopped Out @ 3480...Buy in Commodity GOLDM|28APR26 PE 149000.00 @ 3857 SL 3490 TGT 4591.00

Sumeet Bagadia’s Desk : Update on Book Part Profit : Exit at cost in ELECDMBL|29APR26

Sumeet Bagadia’s Desk : Book Part Profit @ 5083...Buy in Commodity ELECDMBL|29APR26 @ 5035 SL 4970 TGT 5165.00

Natural Gas Update Natural gas futures steadied as warmer weather reduced demand and boosted storage, while rising Middle East tensions and uncertainty over the Strait of Hormuz added volatility to market sentiment. -Choice Broking

EIA expects total U.S. oil demand to average 20.50 mln bpd in 2027, up 0.24%. Impact: Positive for Crude Oil. -Choice Broking

Bullion Update Owned by Western Australia, Perth Mint reported March gold sales fell 35% and silver nearly halved monthly, though both rose year-on-year, reflecting weaker short-term demand but stronger annual buying trends. -Choice Broking

Sumeet Bagadia’s Desk:Buy ELECDMBL|29APR26 in Commodity @ 5035 SL 4970 TGT 5165.00

Sumeet Bagadia’s Desk : Exit @ 5025...Buy in Commodity ELECDMBL|29APR26 @ 5020 SL 4850 TGT 5360.00

Sumeet Bagadia’s Desk:Buy ELECDMBL|29APR26 in Commodity @ 5020 SL 4850 TGT 5360.00

Crude Oil Update Crude Oil prices rose as fragile Middle East ceasefire doubts kept Hormuz flows restricted, while ongoing attacks, stalled US-Iran talks, and regional strikes heightened risks to oil facilities and sustained geopolitical uncertainty. -Choice Broking