Choice Commodity Research

Dollar Update The dollar index hovered near 97.7 after surging on strong US data and hawkish Fed signals. Minutes showed divided rate views, trimming cut expectations, while upbeat industrial output, capital goods, and housing data supported the currency. Investors now await jobless claims, PCE inflation, and GDP data for clearer direction. -Choice Broking

Global Update * The US dollar gained strength due to robust economic data and unexpectedly hawkish signals from the Federal Reserve. * January meeting notes indicate a division among Fed officials, with some advocating for a pause in rate cuts, while others suggest easing may resume later if inflation improves. * Traders still expect two rate reductions of 25 basis points each by the end of the year. * Geopolitical tensions are rising, particularly concerning Iran, where military action by the US could take the form of a prolonged campaign following unproductive talks. * The situation in the Strait of Hormuz is precarious, as Iran's partial closure during naval drills raises concerns over disruptions in a critical oil transit route. * Furthermore, market participants are assessing Japan's economic outlook, with expectations growing for a possible rate hike by the Bank of Japan in April. -Choice Broking

Natural gas gapped up +2.79%

Sumeet Bagadia’s Desk : Target Achieved @ 246188...Buy in Commodity SILVERMIC|27FEB26 @ 238168 SL 234240 TGT 246024.00

Sumeet Bagadia’s Desk : Target Achieved @ 307.3...Buy in Commodity ALUMINIUM|27FEB26 @ 305.9 SL 305.2 TGT 307.30

Sumeet Bagadia’s Desk : Target Achieved @ 307.3...Buy in Commodity ALUMINIUM|27FEB26 @ 305.9 SL 305.2 TGT 307.30

US Core Durable Goods Orders m/m Actual : 0.9% Forecast : 0.3% Prev.: 0.4% Impact : Positive for Base metals US Durable Goods Orders m/m Actual : -1.4% Forecast : -1.8% Prev.: 5.3% Impact: Positive for Base metals

Sumeet Bagadia’s Desk : Target Achieved @ 2032...Buy in Commodity GOLDM|26FEB26 CE 155000.00 @ 1630 SL 1430 TGT 2030

Sumeet Bagadia’s Desk : Target Achieved @ 2032...Buy in Commodity GOLDM|26FEB26 CE 155000.00 @ 1630 SL 1430 TGT 2030

Sumeet Bagadia’s Desk : Book Part Profit @ 1812.5...Buy in Commodity GOLDM|26FEB26 CE 155000.00 @ 1630 SL 1430 TGT 2030

Sumeet Bagadia’s Desk : Book Part Profit @ 1812.5...Buy in Commodity GOLDM|26FEB26 CE 155000.00 @ 1630 SL 1430 TGT 2030

Sumeet Bagadia’s Desk : Book Part Profit @ 306.5...Buy in Commodity ALUMINIUM|27FEB26 @ 305.9 SL 305.2 TGT 307.30

Sumeet Bagadia’s Desk : Book Part Profit @ 306.5...Buy in Commodity ALUMINIUM|27FEB26 @ 305.9 SL 305.2 TGT 307.30

Sumeet Bagadia’s Desk : Stopped Out @ 10.7...Buy in Commodity NATURALGAS|20FEB26 CE 270.00 @ 11.9 SL 10.7 TGT 14.30

Sumeet Bagadia’s Desk : Book Part Profit @ 12.75...Buy in Commodity NATURALGAS|20FEB26 CE 270.00 @ 11.9 SL 10.7 TGT 14.30

Sumeet Bagadia’s Desk:Buy ALUMINIUM|27FEB26 in Commodity @ 305.9 SL 305.2 TGT 307.30