Choice Commodity Research

Sumeet Bagadia’s Desk : Book Part Profit @ 241535...Buy in Commodity SILVERMIC|30APR26 @ 240511 SL 236975 TGT 247583.00

*US Natural Gas Storage* Actual : 50B Forecast : 41B Prev.: 36B Impact: Negative for NG

Sumeet Bagadia’s Desk : Book Part Profit @ 9505...Buy in Commodity CRUDEOILM|20APR26 @ 9259 SL 9083 TGT 9611.00

Crude Oil hit UC of 6% @ 9392, next resistance @ 9661

Sumeet Bagadia’s Desk:Buy NATURALGAS|23APR26 PE 250.00 in Commodity @ 8.85 SL 6.85 TGT 12.85

Crude Oil Update US crude exports are projected to hit a record high in April as Asian customers hunt for supplies to replace Middle Eastern oil lost because of the Iran war. Impact: Slightly Negative for crude oil. -Choice Broking

Sumeet Bagadia’s Desk : Target Achieved @ 329.55...Buy in Commodity ZINC|30APR26 @ 327.85 SL 327 TGT 329.55

*Call Ratio Spread* Sumeet Bagadia’s Desk: Buy CRUDEOIL 9100 CE 16-Apr 1 lot @ 655 Sell CRUDEOIL 9400 CE 16-Apr 2 lots @ 524.90 Buy CRUDEOIL 9600 CE 16-Apr 1 lot @ 451.30 Max loss: 5710 below 9100 (on expiry) Max profit of 24290 at 9400 (on expiry) Max profit of 4290 above 9600 (on expiry) Risk-Reward: 1 : 4.25 Margin required: 715,550 Breakeven : 9157 (Duration: 1 week)

Call Ratio Spread - CRUDEOIL,Max Profit - 24290.00| Max Loss - 5710.00.Check out details:https://finx.choiceindia.com/research-report/research/option_strategy/report

Copper Update Freeport Indonesia expects operations at Grasberg Mine to reach near 100% by end-2026 and achieve full production capacity in early 2027 after a 2025 landslide, currently mining output are at 40%-50%. Impact: Slightly Positive for copper. -Choice Broking

Geopolitical Update Iran will allow only 15 vessels per day to pass through the Strait of Hormoz under the ceasefire agreement, TASS cited a senior Iranian source said. Impact: Positive for Energy. -Choice Broking

Sumeet Bagadia’s Desk:Buy CRUDEOILM|20APR26 in Commodity @ 9259 SL 9083 TGT 9611.00

Sumeet Bagadia’s Desk : Book Part Profit @ 328.55...Buy in Commodity ZINC|30APR26 @ 327.85 SL 327 TGT 329.55

*US Core PCE Price Index m/m* Actual : 0.4% Forecast : 0.4% Prev.: 0.4% Impact : Neutral for Bullion *US Final GDP q/q* Actual : 0.5% Forecast : 0.7% Prev.: 0.7% Impact : Positive for Bullion *US Personal Spending m/m* Actual : 0.5% Forecast : 0.6% Prev.: 0.4% Impact : Positive for Bullion *US Unemployment Claims* Actual : 219K Forecast : 210K Prev.:202K Impact : Positive for Bullion

Geopolitical Update Iran’s President Masoud Pezeshkian said Israeli strikes on Lebanon violate the ceasefire agreement and warned that continued attacks would render negotiations meaningless. -Choice Broking

Sumeet Bagadia’s Desk:Buy ZINC|30APR26 in Commodity @ 327.85 SL 327 TGT 329.55

Sumeet Bagadia’s Desk:Buy SILVERMIC|30APR26 in Commodity @ 240511 SL 236975 TGT 247583.00

Geopolitical Update The head of Iran's nuclear energy agency rejected U.S. and Israeli demands to limit uranium enrichment, calling them unrealistic, ahead of upcoming Iran–U.S. talks under Pakistani mediation later this week. -Choice Broking