Choice Commodity Research

Sumeet Bagadia’s Desk : Book Profit @ 16.30...Buy in Commodity NATURALGAS|23OCT26 PE 300.00 @ 15.75 SL 13.75 TGT 19.75

Sumeet Bagadia’s Desk:Buy SILVERMIC|30NOV26 in Commodity @ 228020.00 SL 226390.00 TGT 231280.00

Natural Gas update Natural gas prices rose due to Qatar’s extended LNG supply disruptions and ongoing Strait of Hormuz uncertainty. With European storage levels well below seasonal averages, fears grow over winter inventory replenishment despite increased LNG imports and energy conservation calls. -Choice Broking

Crude Oil Update Crude Oil surged around 2% on MCX as stalled US-Iran negotiations and ongoing Middle East hostilities overshadowed Saudi Arabia resuming 3.5 million barrels per day through its East-West pipeline, bypassing the crucial, restricted Strait of Hormuz. -Choice Broking

Sumeet Bagadia’s Desk : Exit @ 347.45...Sell in Commodity ALUMINIUM|30OCT26 @ 347.70 SL 348.50 TGT 346.10

Dollar Update The Dollar index neared two-month highs as strong Treasury yields and a 70% chance of an October Fed rate hike drive markets, fueled by energy-driven inflation and persistent US-Iran tensions. -Choice Broking

Sumeet Bagadia’s Desk:Buy CRUDEOILM|15OCT26 CE 9200.00 in Commodity @ 428.30 SL 335.30 TGT 614.30

Sumeet Bagadia’s Desk:Buy NATURALGAS|23OCT26 PE 300.00 in Commodity @ 15.75 SL 13.75 TGT 19.75

Rupee Update The Indian rupee weakened to 96.13 per dollar, breaching 96 for the first time in two months , as rising US yields and oil prices boosted pressure. A stronger dollar and higher Fed hike expectations added weakness, while RBI intervention remains a key support. -Choice Broking

Sumeet Bagadia’s Desk:Sell ALUMINIUM|30OCT26 in Commodity @ 347.70 SL 348.50 TGT 346.10

Global Market Snapshot Global markets were mixed, with US equities trading lower as the S&P 500, Nasdaq 100 and Dow Jones declined, while European indices gained modestly. Treasury yields remained elevated, with the 10-year yield near 4.45%. In energy, Crude oil prices strengthened, with WTI near $93.88 and Brent above $103, while natural gas also gained. In metals, Gold was largely steady around $4,168, whereas silver, platinum and palladium declined. Copper was marginally lower, while aluminum fell sharply. The US dollar index held near 100.94.

Sumeet Bagadia’s Desk : Stopped Out @ 7207.00...Sell in Commodity ELECDMBL|29SEP26 @ 7091.00 SL 7206.00 TGT 6861.00

Sumeet Bagadia’s Desk : Exit @ 416.60...Sell in Commodity ZINCMINI|30OCT26 @ 416.70 SL 418.10 TGT 413.90

Sumeet Bagadia’s Desk : Book Profit @ 228550.00...Sell in Commodity SILVERMIC|30NOV26 @ 229591.00 SL 231750.00 TGT 225273.00

Copper Update Copper futures prices retreat as weakening economic data from China dampened the demand outlook. Chinese industrial profit growth slowed to 15.7% year-to-date and 4.2% in August, hit by sluggish domestic consumption. -Choice Broking

Sumeet Bagadia’s Desk:Sell ZINCMINI|30OCT26 in Commodity @ 416.70 SL 418.10 TGT 413.90

Sumeet Bagadia’s Desk : Update on Book Part Profit : Exit at cost in NATURALGAS|27OCT26