Choice Commodity Research
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Dollar Update
The US Dollar Index fell near 98.8 as Treasury bond buybacks and rising government debt raised volatility and sparked inflation concerns. Consequently, investors shifted demand away from the greenback toward safe-haven metals and foreign currencies.
-Choice Broking
*Sumeet Bagadia's Desk: Book Part Profit in COPPER Short Calls Condor*
Approx. Profit of Rs. 2825 at cmp.
Global Market Heatmap
Global markets traded mixed, with the Dow and S&P 500 largely steady while Nasdaq 100 and Russell 2000 gained.
Energy prices were mixed, with WTI crude near $86.62 and Brent at $93.78, while natural gas rose 1.28%.
Metals remained firm, led by platinum and palladium, while gold edged modestly gain and silver gained nearly 1.4%.
The dollar index stood around 98.62, while the euro and yen strengthened modestly.
Sumeet Bagadia’s Desk : Exit @ 441.00...Buy in Commodity CRUDEOIL|17SEP26 CE 8300.00 @ 435.60 SL 388.00 TGT 530.80
Sumeet Bagadia’s Desk:Buy CRUDEOIL|17SEP26 CE 8300.00 in Commodity @ 435.60 SL 388.00 TGT 530.80
Sumeet Bagadia’s Desk : Book Profit @ 158567.00...Buy in Commodity GOLDM|04SEP26 @ 158342.00 SL 158000.00 TGT 159026.00
Sumeet Bagadia’s Desk:Buy GOLDM|04SEP26 in Commodity @ 158342.00 SL 158000.00 TGT 159026.00
Sumeet Bagadia’s Desk : Book Full Profit @ 245112.00...Buy in Commodity SILVERMIC|31AUG26 @ 242017.00 SL 239400.00 TGT 247251.00
Sumeet Bagadia’s Desk : Update on Book Part Profit : Exit at cost in ZINC|31AUG26
Sumeet Bagadia’s Desk : Book Part Profit @ 402.65...Buy in Commodity ZINC|31AUG26 @ 402.10 SL 401.35 TGT 403.60
Sumeet Bagadia’s Desk : Book Part Profit @ 243918.00...Buy in Commodity SILVERMIC|31AUG26 @ 242017.00 SL 239400.00 TGT 247251.00
Sumeet Bagadia’s Desk : Exit @ 401.95...Buy in Commodity ZINCMINI|31AUG26 @ 401.60 SL 400.00 TGT 404.80
US Natural Gas Storage
Actual : 16B
Forecast: 15B
Prev.: 36B
Impact: Negative for NG
Sumeet Bagadia’s Desk:Buy ZINC|31AUG26 in Commodity @ 402.10 SL 401.35 TGT 403.60
*US CB Leading Index m/m*
Actual : 0.2%
Forecast : -0.1%
Prev.: -0.2%
Impact: Negative for Bullion
Sumeet Bagadia’s Desk:Buy SILVERMIC|31AUG26 in Commodity @ 242017.00 SL 239400.00 TGT 247251.00
*US Philly Fed Manufacturing Index*
Actual : 47.4
Forecast: 24.1
Prev.: 41.4
Impact : Positive for Base metals
*US Unemployment Claims*
Actual : 206K
Forecast : 210K
Prev.: 212K
Impact: Negative for Bullion
Sumeet Bagadia’s Desk:Buy ELECDMBL|28AUG26 in Commodity @ 4459.00 SL 4420.00 TGT 4537.00
Sumeet Bagadia’s Desk : Book Full Profit @ 444.00...Buy in Commodity CRUDEOIL|17SEP26 CE 8400.00 @ 413.40 SL 394.00 TGT 452.20
