Choice Commodity Research

Daily LME Stock Update London Metal Exchange stocks: copper down 3,750 t, lead down 1,500 t, zinc down 50 t, nickel up 300 t, aluminium down 1,500 t. Impact: Positive for Basemetal. -Choice Broking

Sumeet Bagadia’s Desk : Book Part Profit @ 258.00...Buy in Commodity CRUDEOIL|17AUG26 CE 8000.00 @ 224.70 SL 183.70 TGT 306.70

Sumeet Bagadia’s Desk:Buy NATURALGAS|24AUG26 CE 280.00 in Commodity @ 4.80 SL 3.80 TGT 6.80

Crude Oil Update Hormuz traffic drops below 10-day average amid Iran-US tensions. -Choice Broking

Sumeet Bagadia’s Desk:Buy CRUDEOIL|17AUG26 CE 8000.00 in Commodity @ 224.70 SL 183.70 TGT 306.70

Sumeet Bagadia’s Desk:Sell SILVER100|31AUG26 in Commodity @ 2359.00 SL 2397.00 TGT 2283.00

Sumeet Bagadia’s Desk:Buy ELECDMBL|28AUG26 in Commodity @ 4674.00 SL 4610.00 TGT 4802.00

Basemetal Update China activated a Level-4 flood-control emergency response for Beijing and Tianjin on August 11. Authorities issued an orange rainstorm warning as Typhoon White Dolphin and cold air threaten heavy rainfall across the region over three days. Impact: Positive for Basemetal. -Choice Broking

Silver Update Silver prices rose, tracking gold’s rally and benefiting from robust industrial demand from solar panels and electricity grids. Chinese imports of silver-bearing ores surged 62.5% year-on-year in June to 219,000 tonnes, reflecting stronger mining activity amid elevated bullion prices. -Choice Broking

Aluminium Update Aluminium prices rose as falling inventories and expectations of a continued market deficit supported prices. Middle East supply disruptions, accounting for nearly 9% of global capacity, tightened availability, while fading US-Iran deal hopes added uncertainty over future shipments. -Choice Broking

Sumeet Bagadia’s Desk : Commodity Insight Buy COPPER - AUG @ 1383 add on dips till 1375, with a SL 1359 for the Target 1431.

Sumeet Bagadia’s Desk:Buy COPPER|31AUG26 in Commodity @ 1383.00 SL 1359.00 TGT 1431.00

Sumeet Bagadia’s Desk : Target Achieved @ 2396.00...Buy in Commodity SILVER100|31AUG26 @ 2320.00 SL 2284.00 TGT 2392.00

Global Market Heatmap Global markets were mixed, with the S&P 500, Nasdaq 100 and Russell 2000 gaining 0.12%, 0.33% and 0.20%, while the Nikkei 225 rose 0.56%; the DJIA edged down 0.03% and the VIX remained subdued at 16.95. In energy, WTI and Brent crude rose around 0.3%, while natural gas fell 0.82%. Metals were broadly positive, with gold up 1.29%, silver 1.06%, platinum 0.82%, copper 0.69% and palladium 0.51%. In currencies, the dollar index was steady near 99.7, while the euro, yen and pound weakened marginally. US Treasury yields remained broadly stable, with the 10-year note slightly lower.

*Sumeet Bagadia's Desk: Book Part Profit in CRUDEOIL strategy* Approx. Profit of Rs. 1970 at cmp.

*MCX Silver prices surged by +5000pts @237200 today with next resistance may seen around 238800*

Sumeet Bagadia’s Desk : Book Full Profit @ 236900.00...Buy in Commodity SILVERMIC|31AUG26 @ 234980.00 SL 233060.00 TGT 238820.00

Sumeet Bagadia’s Desk : Target Achieved @ 393.15...Buy in Commodity ZINC|31AUG26 @ 391.95 SL 391.40 TGT 393.05