Choice Commodity Research

Sumeet Bagadia’s Desk:Buy CRUDEOIL|20APR26 in Commodity @ 8662 SL 8628 TGT 8730.00

Sumeet Bagadia’s Desk:Sell SILVERMIC|30APR26 in Commodity @ 220397 SL 224101 TGT 212989.00

Copper Update Copper prices slipped by 1.29% after earlier gains as Iran denied US talks, easing de-escalation hopes. Rising geopolitical tensions, uncertain Strait of Hormuz outlook, and high LME and HFE inventories near record levels kept prices under pressure. -Choice Broking

Dollar Update Dollar index prices rebound near 99.5 level after earlier drop as Iran denied US talks and tensions escalated. Uncertainty over oil supply, inflation risks, and rate hikes persisted, with focus shifting to upcoming US manufacturing data. -Choice Broking

Global Market Highlights 🌍📊 * 💵 The dollar faced significant selling pressure after President Trump delayed planned strikes on Iranian energy infrastructure for five days, citing positive discussions with Iran * ⚠️ Iran refuted talks aimed at ending the conflict, contradicting Trump's statements, and announced new attacks on US targets. * ⚡ Tensions remain high as Israel continues its airstrikes against Iran. * 🔥 Recent strikes targeted gas facilities in Isfahan and a gas pipeline in Khorramshahr, Iran. * 🌊 The outcomes of negotiations and the possibility of reopening the Strait of Hormuz remain uncertain. * 🕊️ The EU chief has called for negotiations to resolve the Iran conflict. * 📄 An Iranian Foreign Ministry official confirmed receipt of a proposal from Washington, which is under review. * ⛽ U.S. Energy Secretary Chris Wright stated it is "highly unlikely" that the U.S. will release more oil from its Strategic Petroleum Reserve amid the ongoing conflict. * 🚢 Two vessels navigating the Strait of Hormuz have reportedly paid Iran for safe passage, with commercial traffic increasingly opting for Iranian territorial waters, referred to as the “Tehran Toll Booth”, fee is reported to have been $2 million. -Choice Broking

Sumeet Bagadia’s Desk : Update on Book Part Profit : Exit at cost in CRUDEOILM|20APR26

Sumeet Bagadia’s Desk : Book Part Profit @ 8079...Sell in Commodity CRUDEOILM|20APR26 @ 8288 SL 8580 TGT 7704.00

*CRUDE OIL hit LC with -12% at 8148*

Sumeet Bagadia’s Desk:Sell CRUDEOILM|20APR26 in Commodity @ 8288 SL 8580 TGT 7704.00

Sumeet Bagadia’s Desk : Update on Book Part Profit : Exit at cost in NATURALGAS|24MAR26 PE 270.00

NATUTRAL GAS prices down around -8% from its day high, next support may seen around 271

Sumeet Bagadia’s Desk : Exit @ 331.1...Buy in Commodity ALUMINIUM|31MAR26 @ 331 SL 330 TGT 333.00

Sumeet Bagadia’s Desk:Buy ALUMINIUM|31MAR26 in Commodity @ 331 SL 330 TGT 333.00

Sumeet Bagadia’s Desk : Book Part Profit @ 141606...Buy in Commodity GOLDTEN|31MAR26 @ 138987 SL 135300 TGT 146361.00

Sumeet Bagadia’s Desk : Book Part Profit @ 5.7...Buy in Commodity NATURALGAS|24MAR26 PE 270.00 @ 4.5 SL 3 TGT 7.50

Sumeet Bagadia’s Desk:Buy NATURALGAS|24MAR26 PE 270.00 in Commodity @ 4.5 SL 3 TGT 7.50

Sumeet Bagadia’s Desk:Buy GOLDTEN|31MAR26 in Commodity @ 138987 SL 135300 TGT 146361.00