Choice Commodity Research

Crude Oil Update Crude oil prices rose as renewed US-Iran hostilities heightened concerns over Strait of Hormuz disruptions. Two supertankers were reportedly hit by unidentified projectiles, raising fears of further attacks despite continued regional oil shipments. -Choice Broking

Sumeet Bagadia’s Desk : Exit @ 2367.00...Sell in Commodity SILVER100|30SEP26 @ 2375.00 SL 2412.00 TGT 2301.00

Sumeet Bagadia's Desk: Commodity Momentum: Sell DHANIYA - Oct @ 16,020, Sell up to 16,100, for the Target 14,320, with SL @ 16,870

Sumeet Bagadia’s Desk:Sell DHANIYA|19OCT26 in Commodity @ 16020.00 SL 16870.00 TGT 14320.00

Sumeet Bagadia's Desk: Stopped Out in JEERA - Sep

Sumeet Bagadia’s Desk : Stopped Out @ 21500.00...Sell in Commodity JEERAUNJHA|18SEP26 @ 20895.00 SL 21500.00 TGT 19685.00

Sumeet Bagadia’s Desk : Stopped Out @ 346.25...Buy in Commodity ALUMINIUM|30SEP26 @ 347.10 SL 346.30 TGT 348.70

Sumeet Bagadia’s Desk : Stopped Out @ 21.70...Buy in Commodity COPPER|23SEP26 CE 1400.00 @ 23.31 SL 21.74 TGT 26.45

Sumeet Bagadia’s Desk : Stopped Out @ 243500.00...Sell in Commodity SILVERMIC|30NOV26 @ 241687.00 SL 243446.00 TGT 238169.00

Sumeet Bagadia’s Desk:Buy COPPER|23SEP26 CE 1400.00 in Commodity @ 23.31 SL 21.74 TGT 26.45

Crude Oil Update U.S. Strategic Petroleum Reserve (SPR) crude inventories fell about 3.1 mln barrels last week to 286.6 mln barrels. Positive for Crude Oil . -Choice Broking

Sumeet Bagadia’s Desk : Stopped Out @ 265.10...Buy in Commodity CRUDEOIL|17SEP26 CE 8300.00 @ 286.30 SL 265.30 TGT 328.30

*India S&P Global Manufacturing PMI (Aug)* Actual: 52.8 Expected: 52.9 Previous: 53.5 Negative for Rupee.

Copper Update Copper prices steadied easing LME market tightness and rising inventories tempered gains, as shipments continued shifting toward the US ahead of potential tariffs. However, supply concerns persisted as Chilean output fell 9.4% in July, while disruptions in Chile, Indonesia and Congo tightened supplies. -Choice Broking

Sumeet Bagadia’s Desk:Sell SILVERMIC|30NOV26 in Commodity @ 241687.00 SL 243446.00 TGT 238169.00

Sumeet Bagadia’s Desk:Buy CRUDEOIL|17SEP26 CE 8300.00 in Commodity @ 286.30 SL 265.30 TGT 328.30

Rupee Update The Indian rupee strengthened to around 94.9 per dollar, supported by RBI intervention, dollar selling and stronger-than-expected 7.8% GDP growth. However, elevated US yields, higher oil prices and increased importer hedging could limit gains, despite improved fiscal deficit trends. -Choice Broking

Sumeet Bagadia’s Desk:Buy ALUMINIUM|30SEP26 in Commodity @ 347.10 SL 346.30 TGT 348.70