Choice Commodity Research

Sumeet Bagadia’s Desk:Buy CRUDEOIL|16JUN26 CE 9200.00 in Commodity @ 394.50 SL 365.00 TGT 453.50

Silver Update India has tightened silver import rules by restricting imports of silver grains, powder, and other 99.9% purity forms. Importers must now obtain prior authorization from the DGFT to curb imports and reduce pressure on the rupee. -Choice Broking

Sumeet Bagadia’s Desk:Sell SILVERMIC|30JUN26 in Commodity @ 271028.00 SL 272700.00 TGT 267684.00

Breaking News The Trump administration proposed new tariffs on imports from 60 economies over forced-labor concerns, with 10% duties on several major trading partners and 12.5% duties on 45 other countries investigated by the USTR. -Choice Broking

Base metal Update The People’s Bank of China conducted no reverse repo operations on Wednesday for the first time since August 2024, indicating ample liquidity in the banking system and a reduced need for short-term funding support. Impact: Slightly Positive for Base metal. -Choice Broking

China RatingDog Services PMI Actual: 54.4 Expected: 52.3 Previous: 52.6 Positive for Base metal. -Choice Broking

Global Commodity Market Heatmap Global markets showed a mixed trend. Asian equities outperformed, with the Nikkei 225 gaining 1.5%, while major U.S. indices and European markets traded slightly lower. In commodities, crude oil prices remained firm, with WTI above $94 and Brent near $97 per barrel, reflecting continued supply concerns. Precious metals witnessed profit-booking, as gold fell 0.37% and silver declined 0.81%, while copper and platinum also edged lower. The U.S. Dollar Index strengthened slightly to 99.21. Overall, energy markets stayed strong, precious metals softened, and equity sentiment remained cautious amid global economic uncertainty.

Sumeet Bagadia's Desk: Commodity Momentum Pick: Buy CRUDEOIL - Jun @ 8935, add up to 8875, for the Target 9609, with SL @ 8598

Sumeet Bagadia’s Desk:Buy CRUDEOIL|18JUN26 in Commodity @ 8935.00 SL 8598.00 TGT 9609.00

Sumeet Bagadia’s Desk : Stopped Out @ 395.60...Sell in Commodity ALUMINIUM|30JUN26 @ 394.75 SL 395.60 TGT 393.05

*US JOLTS Job openings* Actual: 7.62M Forecast: 6.87M Prev.: 6.89M Impact: Negative for Bullion

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

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

Sumeet Bagadia’s Desk:Sell ALUMINIUM|30JUN26 in Commodity @ 394.75 SL 395.60 TGT 393.05

📊 Follow Up on Our Commodity Research Report View In Our Base Metals Quarterly Report, published at the beginning of May, carried a bullish outlook with a 3-month investment horizon. However, within just one month, most of our first resistance levels are achieved. 🔹 Copper – Bullish View Target Range: 1100–1500 ➡️ Current Price: 1377 (already above Resistance 1) 🔹 Aluminium – Buy on Dips Resistance: 380–400 Support: 324–300 ➡️ Current Price: 394 (Resistance 1 crossed) 🔹 Zinc – Buy on Dips Resistance: 357–385 Support: 300–280 ➡️ Current Price: 373 (Resistance 1 crossed) ⚡ Similarly, In our Quarterly Energy Report published in start of the April month. we recommended Natural Gas – Sell on Rise, with: • Support: 253–230 • Resistance: 300–323 ➡️ Natural Gas has already touched the 323 resistance level within just one month. The sharp move across metals and energy highlights how quickly markets have responded to the themes identified in our research reports.

Sumeet Bagadia’s Desk : Stopped Out @ 157660.00...Buy in Commodity GOLDM|03JUL26 @ 157975.00 SL 157676.00 TGT 158573.00

Natural gas dropped by -2.75% from day-high