Choice Commodity Research

Sumeet Bagadia’s Desk : Target Achieved @ 8891.00...Buy in Commodity CRUDEOIL|19OCT26 @ 8793.00 SL 8744.00 TGT 8891.00

Aluminium Update Aluminum fell due to a stronger dollar and expanding supply, as smelters restarted idled capacity. Soaring Chinese exports—up 17.2% in August amid weak domestic demand offset Middle East supply losses and further pressured on prices. -Choice Broking

Sumeet Bagadia’s Desk:Sell ALUMINIUM|30OCT26 in Commodity @ 345.80 SL 346.55 TGT 344.30

Sumeet Bagadia’s Desk : Stopped Out @ 457.50...Buy in Commodity GOLDM|25SEP26 CE 152000.00 @ 595.00 SL 459.00 TGT 867.00

Sumeet Bagadia’s Desk : Book Part Profit @ 8834.00...Buy in Commodity CRUDEOIL|19OCT26 @ 8793.00 SL 8744.00 TGT 8891.00

Sumeet Bagadia’s Desk : Book Profit @ 17.15...Buy in Commodity NATURALGAS|23OCT26 CE 310.00 @ 16.35 SL 14.35 TGT 20.35

Sumeet Bagadia’s Desk : Exit @ 237355.00...Buy in Commodity SILVERMIC|30NOV26 @ 236855.00 SL 234855.00 TGT 240855.00

Sumeet Bagadia’s Desk:Buy CRUDEOIL|19OCT26 in Commodity @ 8793.00 SL 8744.00 TGT 8891.00

Sumeet Bagadia’s Desk:Buy GOLDM|25SEP26 CE 152000.00 in Commodity @ 595.00 SL 459.00 TGT 867.00

Dollar Update The dollar index rose above 101, driven by five-year-high US private-sector activity and persistent inflation risks. Reinforced Fed hawkishness lifted October rate hike odds to 70%, while ongoing US-Iran nuclear tensions kept oil prices elevated, adding further inflationary pressure. -Choice Broking

Sumeet Bagadia’s Desk:Buy SILVERMIC|30NOV26 in Commodity @ 236855.00 SL 234855.00 TGT 240855.00

Copper Update BHP suspended operations at Chile's Escondida mine following a worker death. Metals trader Sprott Asset Management also said global mined copper production could decline this year for the first time since 2017. Positive for copper. -Choice Broking

Sumeet Bagadia’s Desk:Buy NATURALGAS|23OCT26 CE 310.00 in Commodity @ 16.35 SL 14.35 TGT 20.35

U.S.–China Trade Truce Extended to January 10 Washington confirmed the U.S.–China trade truce will run until January 10, 2027, extending tariff relief and rare-earth flows beyond the November expiry. -Choice Broking

Rupee Update The Indian rupee weakened to 95.8 per dollar as stronger oil prices, a firmer dollar, rising US rate-hike expectations, Foreign outflows, and higher US Treasury yields added pressure. -Choice Broking

Global Market Snapshot Global markets were mixed, with major US and European indices edging lower while the VIX remained subdued. Crude oil declined, with WTI near $91 and Brent around $102, while natural gas and heating oil gained. Gold rose modestly to $4,325, platinum and copper advanced, while silver and aluminium weakened. while the dollar strengthened slightly against most major currencies.

Sumeet Bagadia’s Desk : Update on Book Part Profit : Exit at cost in ELECDMBL|29SEP26

US Crude Oil Inventories Actual: 3.0M Forecast: -0.7M Prev: -0.6M Impact: Negative for crude oil US Distillate Inventories Actual: -0.4M Forecast: -0.6M Prev: 1.6M Impact: Negative for crude oil US Gasoline Inventories Actual: -1.7M Forecast: 0.5M Prev: 0.8M Impact: Positive for crude oil