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Sumeet Bagadia’s Desk : Book Part Profit @ 153501.00...Sell in Commodity GOLDM|05OCT26 @ 153650.00 SL 153850.00 TGT 153250.00
Sumeet Bagadia’s Desk:Sell GOLDM|05OCT26 in Commodity @ 153650.00 SL 153850.00 TGT 153250.00
Sumeet Bagadia’s Desk : Target Achieved @ 421.65...Sell in Commodity ZINC|30SEP26 @ 423.55 SL 424.50 TGT 421.65
Sumeet Bagadia’s Desk : Book Part Profit @ 422.40...Sell in Commodity ZINC|30SEP26 @ 423.55 SL 424.50 TGT 421.65
Basemetal Update
The White House has not decided on tariffs on refined copper; officials are weighing that higher copper prices could raise manufacturing costs against the possibility that tariffs would spur U.S. domestic mining activity.
Negative for basemetal.
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Sumeet Bagadia’s Desk:Sell ZINC|30SEP26 in Commodity @ 423.55 SL 424.50 TGT 421.65
Sumeet Bagadia’s Desk : Target Achieved @ 25.60...Buy in Commodity COPPER|23SEP26 PE 1400.00 @ 20.78 SL 18.40 TGT 25.54
Sumeet Bagadia’s Desk : Book Part Profit @ 23.50...Buy in Commodity COPPER|23SEP26 PE 1400.00 @ 20.78 SL 18.40 TGT 25.54
Sumeet Bagadia’s Desk:Buy COPPER|23SEP26 PE 1400.00 in Commodity @ 20.78 SL 18.40 TGT 25.54
*Geopolitical Update*
Qatar foreign ministry said the Qatari PM, spoke by phone with the Saudi foreign minister to discuss efforts to de-escalate the regional situation and ease tensions.
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Sumeet Bagadia’s Desk : Update on Book Part Profit : Exit at cost in COPPER|30SEP26
Crude Oil Update
IRGC-affiliated Sepah News reported Houthi forces, after seizing the strategic port of Mocha, are advancing toward the Bab al-Mandeb Strait.
Positive for Crude.
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Sumeet Bagadia’s Desk : Stopped Out @ 243100.00...Buy in Commodity SILVERMIC|30NOV26 @ 245521.00 SL 243100.00 TGT 250363.00
Crude Oil Update
Al Jazeera reported the vice chairman of Yemen's Presidential Leadership Council has ordered government troops on the western coast to reorganize to counter Houthi attacks.
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Sumeet Bagadia’s Desk:Buy NATURALGAS|23SEP26 PE 260.00 in Commodity @ 6.40 SL 4.30 TGT 10.60
Daily LME Stock Update
London Metal Exchange stocks: zinc down 4,325 t, lead down 2,075 t, copper down 1,075 t, nickel up 576 t, aluminium down 175 t, tin down 105 t.
Impact: Positive for Basemetal.
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Gold Update
The World Gold Council reported $18 billion in global gold ETF inflows in August, the second-highest monthly inflow on record, lifting holdings to 4,189 tonnes. North America and Europe contributed nearly 90% of global demand, signaling strong investor appetite.
Impact: Positive for Gold.
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*Sumeet Bagadia's Desk: Commodity Insight Update:*
*Approx. Profit of Rs. 40,000/- at CMP 1427 in COPPER - Sep & Trail SL at cost as per our view given in report published yesterday.*
Sumeet Bagadia’s Desk : Book Part Profit @ 1427.00...Buy in Commodity COPPER|30SEP26 @ 1411.00 SL 1382.50 TGT 1481.00
