Choice Commodity Research

Dollar Update The US dollar index fell below 102 as concerns over slowing AI capital expenditure weighed on markets. Despite strong US economic data, rising expectations of further Federal Reserve rate hikes were reinforced by hawkish warnings from Cleveland Fed President Beth Hammack. -Choice Broking

Sumeet Bagadia’s Desk : Book Part Profit @ 215265.00...Buy in Commodity SILVERMIC|30NOV26 @ 213502.00 SL 211299.00 TGT 217908.00

Global Market Snapshot Global markets traded mixed, with US indices showing marginal gains in the Dow Jones and S&P 500, while the Nasdaq slipped. European markets remained firm, led by gains in the DAX and Euro Stoxx 50, while the VIX rose. In energy, Crude oil prices declined, with WTI near $95.93 and Brent at $105.49, while natural gas also weakened. Bullion and industrial metals gained, with gold rising 0.49%, silver 1.06%, copper 0.89%, and platinum 1.26%. In currencies, the US dollar index edged lower to 101.81, while the euro and pound remained broadly stable.

Crude oil surged by +4.50% from day-low, next resistance @ 9345 - 9390

*US Crude Oil Inventories* Actual : -8.6M Forecast: 0.2M Prev.: -3.2M Impact: Positive for Crude Oil *US Distillate Inventories* Actual : -2.5M Forecast: -1.6M Prev.: 0.0M Impact : Positive for Crude Oil *US Gasoline Inventories* Actual : 3.5M Forecast: -0.9M Prev.: 0.4M Impact : Negative for Crude Oil

*US Natural Gas Storage* Actual : 67B Forecast: 76B Prev.: 85B Impact: Positive for NG

*Crude Oil Update* The International Energy Agency agreed to fully release the remaining 100 mln barrels of oil. Negative for crude oil. -Choice Broking

*Sumeet Bagadia's Desk: Commodity Insight Update:* Stopped Out in CRUDEOIL - Oct

Sumeet Bagadia’s Desk : Stopped Out @ 9166.00...Sell in Commodity CRUDEOIL|19OCT26 @ 8602.00 SL 9165.00 TGT 7476.00

Sumeet Bagadia’s Desk : Stopped Out @ 66.20...Sell in Commodity CRUDEOIL|15OCT26 PE 9100.00 @ 46.10 SL 66.10 TGT 0.10

Sumeet Bagadia’s Desk:Sell CRUDEOIL|15OCT26 PE 9100.00 in Commodity @ 46.10 SL 66.10 TGT 0.10

Sumeet Bagadia’s Desk : Book Profit @ 111.90...Buy in Commodity CRUDEOIL|15OCT26 CE 9000.00 @ 101.00 SL 59.00 TGT 185.00

*US Core PPI m/m* Actual : 0.7% Forecast: 0.3% Prev.: 0.2% Impact : Negative for Bullion *US PPI m/m* Actual : 0.7% Forecast: 0.6% Prev.: 0.4% Impact : Negative for Bullion *US Core Retail Sales m/m* Actual : 0.9% Forecast: 0.6% Prev.: 1.4% Impact : Negative for Bullion *US Philly Fed Manufacturing Index* Actual : 20.9 Forecast: 28.2 Prev.: 37.8 Impact : Negative for Base metals *US Retail Sales m/m* Actual : 0.8% Forecast: 0.3% Prev.: 1.2% Impact : Negative for Bullion *US Empire State Manufacturing Index* Actual : 25.5 Forecast: 12.1 Prev.: 7.6 Impact : Positive for Base metals *US Unemployment Claims* Actual : 199K Forecast: 199K Prev.: 197K Impact : Neutral for Bullion *- Choice Broking*

Sumeet Bagadia’s Desk : Stopped Out @ 313.30...Sell in Commodity NATURALGAS|27OCT26 @ 310.00 SL 313.10 TGT 303.80

Sumeet Bagadia’s Desk:Buy SILVERMIC|30NOV26 in Commodity @ 213502.00 SL 211299.00 TGT 217908.00

Sumeet Bagadia’s Desk:Buy CRUDEOIL|15OCT26 CE 9000.00 in Commodity @ 101.00 SL 59.00 TGT 185.00

*Sumeet Bagadia's Desk: Exit in CRUDEOIL strategy*

Sumeet Bagadia’s Desk:Sell NATURALGAS|27OCT26 in Commodity @ 310.00 SL 313.10 TGT 303.80