Choice Commodity Research

Rupee Update The rupee strengthened to around 95.63 per dollar as a weaker dollar and lower US yields supported sentiment. However, elevated crude prices, Middle East tensions and Strait of Hormuz disruptions may limit recovery, despite strong FCNR(B) inflows. -Choice Broking

Dollar Update The dollar index hovered near 98.8, its three-month low, as expanded Treasury buybacks supported bond liquidity. Fed minutes showed some officials favored rate hikes, while Middle East tensions sustained inflation concerns and dollar uncertainty. -Choice Broking

Crude oil gapped down by -1.50%, NG by -1.15% Silver up by +3500 pts

China 1-y Loan Prime Rate Actual: 3.00% Expected: 3.00% Previous: 3.00% China 5-y Loan Prime Rate Actual: 3.50% Expected: 3.50% Previous: 3.50% Neutral for Basemetal. -Choice Broking

Global Market Heatmap Global markets were mixed, with US equities largely higher while European and Japanese indices declined. In Energy sector, Crude oil gained, with WTI at $84.57 and Brent at $92.02, while natural gas fell. In Metals, Gold was steady and silver rose sharply, whereas copper and palladium edged lower. US Treasury yields ticked up, while the dollar remained broadly stable.

Sumeet Bagadia’s Desk : Book Full Profit @ 396.10...Buy in Commodity CRUDEOIL|17SEP26 CE 8300.00 @ 369.00 SL 348.00 TGT 411.00

Sumeet Bagadia’s Desk : Book Part Profit @ 384.50...Buy in Commodity CRUDEOIL|17SEP26 CE 8300.00 @ 369.00 SL 348.00 TGT 411.00

Sumeet Bagadia’s Desk:Buy CRUDEOIL|17SEP26 CE 8300.00 in Commodity @ 369.00 SL 348.00 TGT 411.00

US Crude Oil Inventories Actual: 4.4M Forecast: 0.2M Prev: 17.4M Impact: Negative for crude oil US Distillate Inventories Actual: -1.5M Forecast: -1.0M Prev: 0.0M Impact: Positive for crude oil US Gasoline Inventories Actual: 0.7M Forecast: -1.5M Prev: -1.0M Impact: Negative for crude oil

Sumeet Bagadia’s Desk:Buy ELECDMBL|28AUG26 in Commodity @ 4420.00 SL 4370.00 TGT 4520.00

Sumeet Bagadia’s Desk : Exit @ 8.00...Buy in Commodity COPPER|24AUG26 CE 1380.00 @ 7.80 SL 6.15 TGT 11.10

Sumeet Bagadia’s Desk:Buy COPPER|24AUG26 CE 1380.00 in Commodity @ 7.80 SL 6.15 TGT 11.10

Sumeet Bagadia’s Desk : Book Profit @ 347.35...Buy in Commodity ALUMINIUM|31AUG26 @ 346.85 SL 345.90 TGT 348.75

Sumeet Bagadia’s Desk:Buy ALUMINIUM|31AUG26 in Commodity @ 346.85 SL 345.90 TGT 348.75

Sumeet Bagadia’s Desk : Target Achieved @ 396.30...Buy in Commodity ZINC|31AUG26 @ 394.70 SL 393.90 TGT 396.30

Sumeet Bagadia’s Desk : Book Part Profit @ 395.30...Buy in Commodity ZINC|31AUG26 @ 394.70 SL 393.90 TGT 396.30

Sumeet Bagadia’s Desk:Buy ZINC|31AUG26 in Commodity @ 394.70 SL 393.90 TGT 396.30