Choice Commodity Research

Sumeet Bagadia’s Desk:Buy SILVERMIC|30JUN26 in Commodity @ 264400 SL 261629 TGT 269942.00

Sumeet Bagadia’s Desk:Buy NATURALGAS|26MAY26 in Commodity @ 267.1 SL 264.7 TGT 271.90

Sumeet Bagadia’s Desk:Sell CRUDEOILM|18MAY26 in Commodity @ 8908 SL 9050 TGT 8624.00

Sumeet Bagadia’s Desk : Update on Book Part Profit : Exit at cost in SILVERMIC|30JUN26

Geopolitical Update A hardline Iranian lawmaker said Tehran no longer sees the United Arab Emirates as a neighbor and now views it as a “hostile base” for Iran’s enemies. -Choice Broking.

Sumeet Bagadia’s Desk : Exit @ 349.5...Buy in Commodity ZINC|29MAY26 @ 349.2 SL 348.4 TGT 350.80

Sumeet Bagadia’s Desk : Target Achieved @ 459...Buy in Commodity CRUDEOIL|14MAY26 PE 9000.00 @ 419 SL 399 TGT 459.00

Bullion Update Gold prices rose even as renewed US-Iran clashes increased geopolitical tensions and inflation concerns, while markets awaited Iran’s response on reopening Hormuz, though higher energy prices continued supporting expectations of tighter global monetary policy. -Choice Broking.

Sumeet Bagadia’s Desk:Buy ZINC|29MAY26 in Commodity @ 349.2 SL 348.4 TGT 350.80

Sumeet Bagadia’s Desk : Book Part Profit @ 435...Buy in Commodity CRUDEOIL|14MAY26 PE 9000.00 @ 419 SL 399 TGT 459.00

Natural gas Update Natural gas prices rose as renewed US-Iran clashes threatened LNG flows through Hormuz, while lower US production, smaller storage builds, and European supply concerns supported prices despite easing LNG export demand from maintenance activity. -Choice Broking.

Sumeet Bagadia’s Desk : Book Part Profit @ 264700...Buy in Commodity SILVERMIC|30JUN26 @ 263150 SL 261000 TGT 267450.00

Sumeet Bagadia’s Desk:Buy CRUDEOIL|14MAY26 PE 9000.00 in Commodity @ 419 SL 399 TGT 459.00

Geopolitical Update A Republican congress introduced legislation that would authorize President Donald Trump to continue military action against Iran until July 30, while barring US ground troops, occupation or long-term nation-building. -Choice Broking.

Sumeet Bagadia’s Desk:Buy SILVERMIC|30JUN26 in Commodity @ 263150 SL 261000 TGT 267450.00

Copper Update Freeport Indonesia delayed the full restart of the Grasberg copper mine to early 2028 after last year’s mudflow disruption, adding further pressure to already tight global copper supplies amid ongoing disruptions at major mining operations. Impact: Positive for copper. -Choice Broking.

Rupee Update The rupee weakened near 94.5 per dollar as renewed US-Iran tensions lifted crude prices above $101, increasing India’s import concerns, while persistent dollar demand and volatile oil markets continued pressuring the currency despite RBI support. -Choice Broking.

Copper Update Copper futures gained on easing energy prices and strong long-term demand prospects, though US-Iran tensions and disrupted sulphuric acid shipments through Hormuz kept supply risks and market sentiment fragile. -Choice Broking.

Dollar Update The dollar index rose above 98 as renewed US-Iran clashes in the Strait of Hormuz boosted geopolitical tensions, while markets awaited Iran’s response to US proposals and closely watched the upcoming US jobs report. -Choice Broking.