Choice Commodity Research

Sumeet Bagadia’s Desk:Buy ALUMINIUM|27FEB26 in Commodity @ 310.3 SL 309.8 TGT 311.30

Sumeet Bagadia’s Desk : Target Achieved @ 143001...Sell in Commodity GOLDM|05MAR26 @ 143897 SL 144320 TGT 143051.00

Sumeet Bagadia’s Desk:Sell GOLDM|05MAR26 in Commodity @ 143897 SL 144320 TGT 143051.00

Budget 2026 extends tax deduction for cooperative members The government has extended deductions for cooperative members engaged in supplying cotton seeds and cattle feed, aiming to support farmers and allied agricultural activities.

Budget 2026 Update: Revised estimate for fiscal deficit for FY26 is 4.4%; Budget Estimate fiscal deficit for FY27 is 4.3%

*FM increases investment limit for overseas residents of India* FM Nirmala Sitharaman, in her speech, announced that the central government has increased the overall investment limit for overseas residents of India to 24%, compared to their current 10% level, according to the Budget announcement.

Sitharaman's announcements for India's farmers Govt to support high-value crops such as coconut, sandalwood, walnuts to enhance productivity.

Sumeet Bagadia’s Desk : Stopped Out @ 412.6...Buy in Commodity NATURALGAS|24FEB26 @ 414.7 SL 412.7 TGT 418.70

Sumeet Bagadia’s Desk:Buy NATURALGAS|24FEB26 in Commodity @ 414.7 SL 412.7 TGT 418.70

FM propose Mahatma Gandhi Gram Swaraj initiative to strengthen Khadi handloom

FM proposes interventions in six areas 1. Scaling up manufacturing in seven strategic and frontier sectors 2. Rejuvenating legacy industrial sectors 3. Creating champion MSMEs 4. Delivering a powerful push for infra 5. Ensuring long term security and stability 6. Developing city economic regions -Choice Broking

Budget 2026 highlights FM proposes to support mineral rich states FM proposes to support mineral rich states of Odisha, Kerala, Andhra Pradesh and Tamil Nadu to establish critical mineral facilities. -Choice Broking

Budget 2026 highlights FM talks about three-fold approach — ‘inspired by tri-kartavya’ FM Sitharaman spoke about her government's three-fold approach. She said the actions are “inspired by tri-kartavya”. They are: • To accelerate and sustain economic growth • Fulfill aspirations of people biult their capacity • Alligned with the vision of ‘Sabka Sath Sabka Vikas’ -Choice Broking

*Bullion Update* • Gold and Silver experienced a lower circuit limit due to increased margins on the MCX. • Hedge funds reduced their net-long positions in silver to a 23-month low and gold bets to an eight-week low for the week ending January 27, coinciding with Trump's nomination of Kevin Warsh as Fed chair. -Choice Broking

gold recovered by +2.90% from dips

Natural gas hit UC of 9% @ 425.60, next resistance @ 429.60 - 441.10

Gold price down by Rs.13,468, Silver by Rs.26,273 so far📉📉