Choice Commodity Research

Sumeet Bagadia’s Desk:Buy ALUMINIUM|31JUL26 in Commodity @ 333.80 SL 333.00 TGT 335.40

Oil Update The U.S.'s temporary sanctions waiver on Iranian oil has prompted traders and Iran to offer discounted crude to Indian refiners, but refiners are waiting for the waiver to be extended beyond August before making any purchase commitments. Even though Iranian oil is cheaper, existing supply contracts, payment hurdles, and uncertainty over future U.S. policy are keeping Indian buyers cautious. -Choice Broking

Rupee rises 48 paise @ 94.94 against US dollar

*US Trade Balance* Actual : -77.6B Forecast : -78.3B Prev.: -54.6B

*US ADP Weekly Employment Change* Actual : 21.0K Prev.: 30.8K Impact : Positive for Bullion

Sumeet Bagadia’s Desk : Exit @ 331.9...Sell in Commodity ALUMINIUM|31JUL26 @ 332.1 SL 333 TGT 330.30

Sumeet Bagadia’s Desk : Stopped Out @ 234471...Sell in Commodity SILVERMIC|31AUG26 @ 233064 SL 234450 TGT 230292.00

Sumeet Bagadia’s Desk : Update on Book Part Profit : Exit at cost in NATURALGAS|24JUL26 CE 315.00

Crude Oil Update Crude oil prices rose after attacks on commercial vessels near the Strait of Hormuz renewed fears of supply disruptions. The incident heightened concerns over the US-Iran shipping agreement, while stalled peace negotiations added to geopolitical uncertainty and supported prices. -Choice Broking

Sumeet Bagadia’s Desk:Sell SILVERMIC|31AUG26 in Commodity @ 233064 SL 234450 TGT 230292.00

Sumeet Bagadia’s Desk : Target Achieved @ 368.2...Sell in Commodity ZINC|31JUL26 @ 369.4 SL 370 TGT 368.20

Sumeet Bagadia’s Desk : Stopped Out @ 233239...Buy in Commodity SILVERMIC|31AUG26 @ 235178 SL 233245 TGT 239044.00

Natural gas Update Global natural gas demand is forecast to decline 0.5% this year, marking the third annual contraction in seven years. Lower power and industrial consumption is expected to outweigh stronger LNG supplies from other regions, which continue to offset disruptions in the Middle East. Impact: Negative for Natural gas. -Choice Broking

Sumeet Bagadia’s Desk : Book Part Profit @ 12.95...Buy in Commodity NATURALGAS|24JUL26 CE 315.00 @ 11.4 SL 10 TGT 14.20

Sumeet Bagadia’s Desk:Sell ALUMINIUM|31JUL26 in Commodity @ 332.1 SL 333 TGT 330.30

Sumeet Bagadia’s Desk:Buy NATURALGAS|24JUL26 CE 315.00 in Commodity @ 11.4 SL 10 TGT 14.20

Sumeet Bagadia’s Desk : Book Part Profit @ 368.75...Sell in Commodity ZINC|31JUL26 @ 369.4 SL 370 TGT 368.20

Sumeet Bagadia’s Desk:Sell ZINC|31JUL26 in Commodity @ 369.4 SL 370 TGT 368.20