Choice Commodity Research

Sumeet Bagadia’s Desk : Stopped Out @ 2550...Buy in Commodity GOLDM|26MAR26 PE 155000.00 @ 3011 SL 2550 TGT 3933.00

Sumeet Bagadia’s Desk:Buy CRUDEOILM|17MAR26 PE 9000.00 in Commodity @ 305 SL 170 TGT 575.00

Sumeet Bagadia’s Desk:Buy GOLDM|26MAR26 PE 155000.00 in Commodity @ 3011 SL 2550 TGT 3933.00

Sumeet Bagadia’s Desk:Target Achieved @ 254212...Sell SILVERMIC|30APR26 in Commodity @ 260774 SL 264055 TGT 254212.00

Sumeet Bagadia’s Desk: Book Part Profit @ 247894...Sell SILVERMIC|30APR26 in Commodity @ 260774 SL 264055 TGT 254212.00

Sumeet Bagadia’s Desk: Book Part Profit @ 322...Sell ZINC|31MAR26 in Commodity @ 323.2 SL 324 TGT 321.60

Sumeet Bagadia’s Desk:Buy NATURALGAS|24MAR26 CE 300.00 in Commodity @ 12.4 SL 10.4 TGT 16.40

Sumeet Bagadia’s Desk:Sell SILVERMIC|30APR26 in Commodity @ 260774 SL 264055 TGT 254212.00

Rupee Update The Indian rupee hovered near record lows around 92.45 per dollar, pressured by high crude prices and $5.5 billion foreign equity outflows. A wider trade deficit, weak inflows, and strong dollar kept depreciation pressure despite RBI intervention. -Choice Broking

Sumeet Bagadia’s Desk:Sell ZINC|31MAR26 in Commodity @ 323.2 SL 324 TGT 321.60

*Aluminium Update* Amid Middle East tensions, Aluminium Bahrain (Alba) announced a phased shutdown of three production lines to conserve raw materials. The cuts represent about 19% of its 1.6-million-ton annual output, roughly 2.2% of global aluminium supply. Similarly, South32 has placed its Mozal aluminium smelter in Mozambique on care and maintenance. Impact: Positive for aluminium. -Choice Broking

Copper Update Copper prices slipped as higher oil prices boosted inflation concerns and strengthened the US dollar. Delayed Federal Reserve rate-cut expectations and weak post-holiday demand recovery in China added further short-term pressure on prices. -Choice Broking

Global Update U.S. President Donald Trump urged China to help restore shipping through the Strait of Hormuz before his planned summit with Xi Jinping, warning disruptions could shock global energy markets and hinting the Beijing meeting may be delayed. -Choice Broking

Aluminium Update China’s primary aluminium output rose 3% year-on-year in January–February 2026 to 7.53 million metric tons, supported by improved producer profits, according to data released by the National Bureau of Statistics. Impact: Negative for aluminium. -Choice Broking

*Crude Oil Update* Crude oil prices rose after US strikes on Iran’s Kharg Island. Strait of Hormuz disruptions shipping and forced Gulf output cuts as storage filled, tightening global supply, pushing buyers toward limited alternatives, and driving shipping and insurance costs higher. Saudi Arabia cuts oil output 20% to 8mln bpd amid war. -Choice Broking

*Call Ratio Spread* Sumeet Bagadia’s Desk: Buy CRUDEOIL 9000 CE 17-Mar 1 lot @ 440 Sell CRUDEOIL 9250 CE 17-Mar 2 lots @ 327.70 Buy CRUDEOIL 9350 CE 17-Mar 1 lot @ 270 Max loss: 6360 below 9000 (on expiry) Max profit of 18640 at 9250 (on expiry) Max profit of 8640 above 9350 (on expiry) Risk-Reward: 1 : 3 Margin required: 613,500 Breakeven : 9064 (Duration: 2 days)

Call Ratio Spread - CRUDEOIL,Max Profit - 18640.00| Max Loss - 6360.00.Check out details:https://finx.choiceindia.com/research-report/research/option_strategy/report

Dollar Update The US dollar index slipped below 100 level as plans for a multinational escort mission in the Strait of Hormuz eased safe-haven currency demand. However, it remains near 10-month highs amid rising energy costs and expectations that the Federal Reserve will hold rates steady. -Choice Broking