Choice Commodity Research

Sumeet Bagadia’s Desk:Buy CRUDEOILM|16APR26 CE 10000.00 in Commodity @ 382.4 SL 273.4 TGT 600.40

Sumeet Bagadia’s Desk:Sell ALUMINIUM|30APR26 in Commodity @ 365.5 SL 366.5 TGT 363.50

Sumeet Bagadia’s Desk:Buy NATURALGAS|27APR26 in Commodity @ 252 SL 249.4 TGT 257.20

*CH M2 Money Supply y/y* Actual: 8.5% Forecast: 8.9% Prev.: 9.0% Impact: Negative for Base metals *CH New Loans* Actual: 2990B Forecast: 3465B Prev.: 900B Impact: Negative for Base metals

Sumeet Bagadia’s Desk : Update on Book Part Profit : Exit at cost in NATURALGAS|23APR26 PE 250.00

Crude Oil Update US is expected to extend a waiver allowing purchases of Russian oil and products, initially granted for 30 days since mid-March, expire on April 11, to help manage global energy prices amid the ongoing U.S.-Israeli conflict with Iran. -Choice Broking

Geopolitical Update ASEAN foreign ministers urged the United States and Iran to continue negotiations, fully implement the ceasefire, and ensure safe, uninterrupted transit through the Strait of Hormuz for vessels and aircraft. -Choice Broking

Natural Gas Update MCX natural gas edged up after Trump ordered a Hormuz blockade, raising fears over LNG disruption, renewed Iran strikes, and prolonged instability threatening one-fifth of global supply flows worldwide. -Choice Broking

Crude Oil Update Saudi Arabia’s crude oil sales to China are set to halve in May as the war in the Middle East disrupts flows. Impact: Positive for Crude oil. -Choice Broking

Sumeet Bagadia’s Desk : Exit @ 10...Buy in Commodity NATURALGAS|23APR26 PE 250.00 @ 9.85 SL 7.8 TGT 13.95

Sumeet Bagadia’s Desk : Stopped Out @ 5169...Sell in Commodity ELECDMBL|29APR26 @ 5099 SL 5140 TGT 5017.00

Sumeet Bagadia’s Desk:Sell ELECDMBL|29APR26 in Commodity @ 5099 SL 5140 TGT 5017.00

Sumeet Bagadia’s Desk : Target Achieved @ 334.55...Buy in Commodity ZINC|30APR26 @ 332.85 SL 332 TGT 334.55

Aluminium Update Aluminium prices rose due to Trump's Hormuz blockade plan and Emirates Global Aluminium's declaration of force majeure, which halted output at Al Taweelah following Iranian attacks. This situation tightened supply, heightened global energy crisis fears, and further pressured already depleted inventories worldwide. -Choice Broking

Sumeet Bagadia’s Desk : Book Part Profit @ 333.5...Buy in Commodity ZINC|30APR26 @ 332.85 SL 332 TGT 334.55

Sumeet Bagadia’s Desk : Target Achieved @ 365.3...Buy in Commodity ALUMINIUM|30APR26 @ 363.2 SL 362.2 TGT 365.20

Sumeet Bagadia’s Desk:Buy ZINC|30APR26 in Commodity @ 332.85 SL 332 TGT 334.55

Sumeet Bagadia’s Desk : Book Part Profit @ 364...Buy in Commodity ALUMINIUM|30APR26 @ 363.2 SL 362.2 TGT 365.20

Sumeet Bagadia’s Desk : Stopped Out @ 3350...Buy in Commodity GOLDM|28APR26 PE 150000.00 @ 3524.5 SL 3350 TGT 3873.50

Rupee Update The Indian rupee fell to 93.37 per dollar, hit by rising oil prices, stronger dollar, tighter global financial conditions, fading support flows, and increased risks from Middle East geopolitical tensions. -Choice Broking