Choice Commodity Research

Global Updates • The dollar index remained stable around 98.8, while the yield on the US 10-year Treasury note increased for the third consecutive day. • Investor sentiment is heavily influenced by the ongoing US-Iran conflict, which has escalated after a US submarine sunk an Iranian warship near Sri Lanka. • Iran expressed willingness to negotiate with the US regarding the conflict, although later reports from its Ministry of Intelligence refused this. • President Trump proposed implementing vessel insurance and naval escorts, while Treasury Secretary Scott Bessent announced additional measures aimed at stabilizing energy markets. • Treasury Secretary Scott Bessent said 15% global tariff announced by Trump is expected to take effect soon. • The February ADP Employment Change showed an increase to 63,000, surpassing forecasts. • The February ISM Services Purchasing Managers Index (PMI) was reported at 56.1, higher than expected. • China unveiled a lower GDP growth target of 4.5%-5% for 2026, its lowest since the early 1990s, amidst ongoing deflation and US tariff impacts. • The 15th Five-Year Plan in China includes commitments to boost investments in innovation, high-tech sectors, scientific research, and increase household consumption as part of GDP. -Choice Broking

*US Crude Oil Inventories* Actual : 3.5M Forecast: 3.0M Prev.: 16.0M Impact : Negative for Crude Oil *US Distillate Inventories* Actual : 0.4M Forecast: -2.4M Prev.: 0.3M Impact : Negative for Crude Oil *US Gasoline Inventories* Actual : -1.7M Forecast: -2.0M Prev.: -1.0M Impact : Negative for Crude Oil

*US ISM Services PMI* Actual : 56.1 Forecast: 53.5 Prev.: 53.8 Impact : Negative for Bullion

Sumeet Bagadia’s Desk : Exit @ 163409...Sell in Commodity GOLDTEN|31MAR26 @ 163619 SL 165101 TGT 160655.00

*US Final Services PMI* Actual : 51.7 Forecast: 52.4 Prev.: 52.3 Impact : Positive for Bullion

Sumeet Bagadia’s Desk : Update on Book Part Profit : Exit at cost in CRUDEOIL|17MAR26 PE 6800.00

Have you ever wondered why Crude Oil prices move so fast whenever there is tension in the Middle East? And what does that have to do with the USDCAD forex pair? Watch our episode 5 of KYC - Know Your Commodity, In this video, we have explained Crude Oil fundamentals , WTI vs Brent, OPEC, EIA Impact & More! Watch the full video to know more about it👇🏻 https://youtu.be/-4Bt9U23d2w Do Like, Comment & Share this video❤️

US ADP Non-Farm Employment Change Actual : 63K Forecast: 50K Prev.: 22K Impact : Negative for Bullion

Sumeet Bagadia’s Desk : Book Part Profit @ 498...Buy in Commodity CRUDEOIL|17MAR26 PE 6800.00 @ 469 SL 430 TGT 547.00

Sumeet Bagadia’s Desk : Update on Book Part Profit : Exit at cost in SILVERMIC|30APR26

Sumeet Bagadia’s Desk : Exit @ 328.6...Buy in Commodity ZINC|31MAR26 @ 328.4 SL 327.3 TGT 330.60

Sumeet Bagadia’s Desk : Exit @ 16.75...Buy in Commodity NATURALGAS|24MAR26 PE 270.00 @ 16.35 SL 13.8 TGT 21.45

Sumeet Bagadia’s Desk:Buy CRUDEOIL|17MAR26 PE 6800.00 in Commodity @ 469 SL 430 TGT 547.00

Sumeet Bagadia’s Desk:Buy ZINC|31MAR26 in Commodity @ 328.4 SL 327.3 TGT 330.60

Sumeet Bagadia’s Desk : Target Achieved @ 330.5...Buy in Commodity ALUMINIUM|31MAR26 @ 328.35 SL 327.3 TGT 330.45

Sumeet Bagadia’s Desk : Book Part Profit @ 329.1...Buy in Commodity ALUMINIUM|31MAR26 @ 328.35 SL 327.3 TGT 330.45

Sumeet Bagadia’s Desk:Buy ALUMINIUM|31MAR26 in Commodity @ 328.35 SL 327.3 TGT 330.45

Sumeet Bagadia’s Desk:Buy NATURALGAS|24MAR26 PE 270.00 in Commodity @ 16.35 SL 13.8 TGT 21.45

Sumeet Bagadia’s Desk : Exit @ 1212.95...Buy in Commodity COPPER|31MAR26 @ 1212.3 SL 1210.3 TGT 1216.30