Choice Commodity Research

Natural Gas Weather Update March 13–19 sees warmer conditions across southern US, while northern areas stay cooler. A chilly system early next week boosts heating demand, shifting from weak weekend demand to stronger midweek consumption. Impact: Short-term weak, midweek bullish -Choice Broking

Sumeet Bagadia’s Desk : Book Part Profit @ 1605.5...Buy in Commodity GOLDM|26MAR26 CE 160000.00 @ 1466.5 SL 1299 TGT 1801.50

Sumeet Bagadia’s Desk:Sell CRUDEOILM|19MAR26 in Commodity @ 8835 SL 8940 TGT 8625.00

Crude Oil Update MCX crude Oil rose amid Middle East supply concerns, though prices earlier fell as safe tanker movement eased Hormuz disruption fears. however, ongoing diplomacy, US reserve releases, and continued Iranian exports are stabilizing market sentiment. -Choice Broking

Sumeet Bagadia’s Desk:Buy GOLDM|26MAR26 CE 160000.00 in Commodity @ 1466.5 SL 1299 TGT 1801.50

Sumeet Bagadia’s Desk:Buy ALUMINI|31MAR26 in Commodity @ 344.45 SL 342.85 TGT 347.65

Gold Update Gold$ edged near 5,020 level with MCX prices slightly up as Middle East tensions fueled inflation concerns and central banks’ expected policy holds, alongside risks to oil supply routes, supported cautious market sentiment. -Choice Broking

Dollar Update The dollar index held below 100 as easing oil prices reduced inflation concerns. Safe Hormuz transit and expected Fed rate hold kept investors focused on energy impacts and economic outlook. -Choice Broking

Silver Update Silver rose above $81, with MCX up 1.05%, supported by a weaker dollar and lower yields. Fed rate hold expectations and a 2026 supply deficit outlook continue supporting prices. -Choice Broking

Global Market Update * Iran's conflict has escalated into its third week, with oil prices fluctuating due to regional tensions. *TRUMP: WAR WILL BE WRAPPED UP SOON, NOT THIS WEEK. * The US conducted airstrikes on Kharg Island, Iran's key oil-export hub, threatening further attacks on energy infrastructure affecting the Strait of Hormuz. * Defense Secretary Pete Hegseth announced extensive US strikes, reinforcing the blockade of the Strait of Hormuz amid concerns of global stagflation. * President Trump has urged seven nations to deploy warships to the Strait, but has not secured any commitments. * EU has 'no appetite' to expand Mideast naval mission to Strait of Hormuz, Kallas says * Trump ‘not happy’ with UK after Starmer says it won’t take part in ‘wider war’ with Iran * Iran's Foreign Minister, Abbas Araghchi, asserts that the Strait of Hormuz is open to all but remains closed 'to our enemies. * The dollar index remains high, driven by rising energy costs and inflation worries, impacting Federal Reserve interest rate expectations. * The Federal Reserve is anticipated to maintain its policy rate this week, alongside decisions from several other central banks globally.

Sumeet Bagadia's Desk: Exit in CRUDEOIL strategy

CRUDE OIL prices fall by -6.5% with next support seem around 8650

Silver Prices Surged by +4.2% from its day low next hurdle may seen 258800

Sumeet Bagadia’s Desk : Book Part Profit @ 420...Buy in Commodity CRUDEOILM|17MAR26 PE 9000.00 @ 305 SL 170 TGT 575.00

US Empire State Manufacturing Index Actual : -0.2 Forecast: 4.0 Prev.: 7.1 Impact : Negative for Base Metals

Sumeet Bagadia’s Desk : Stopped Out @ 343...Sell in Commodity ALUMINIUM|31MAR26 @ 342 SL 343 TGT 340.00

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

Sumeet Bagadia’s Desk:Sell ALUMINIUM|31MAR26 in Commodity @ 342 SL 343 TGT 340.00

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