Choice Commodity Research

India and New Zealand Set to Sign FTA on April 24 Under the deal, India is expected to gain zero-duty access for all of its exports to New Zealand. In return, India will remove or cut tariffs on about 95% of New Zealand’s exports, along with offer Zero duty concessions on certain sensitive items, including dairy products, as well as onions, sugar, and rubber, in order to protect domestic farmers and industries. -Choice Broking

Indian Rupee Hits 1-Month High The Indian rupee strengthened to around 92.68 per dollar, extending gains for a second session to a month-high, supported by plunging oil prices and a broad rally in Asian currencies following a two-week Middle East ceasefire. -Choice Broking

GOLD prices open Gap up by +2.3% SILVER prices open Gap up by +5.1% CRUDE OIL Prices LC with -6% NATURALGAS prices down by -4%

Sumeet Bagadia’s Desk : Stopped Out @ 262...Buy in Commodity NATURALGAS|27APR26 @ 270.5 SL 267.1 TGT 277.30

*Geopolitical Update* Trump agrees to suspend 'bombing and attack of Iran' for two weeks. He said the suspension was subject to Iran agreeing to the ‘complete, immediate and safe opening’ of the Strait of Hormuz. Iran's state media says US has accepted 10-point conditions proposed by Iranian govt. 1. Non-aggression 2. Continuation of Iran's control over the Strait of Hormuz 3. Acceptance of enrichment 4. Lifting all primary sanctions 5. Lifting all secondary sanctions 6. Termination of all UN Security Council resolutions 7. Termination of all IAEA Board of Governors resolutions 8. Payment of compensation to Iran 9. Withdrawal of US combat forces from the region 10. Cessation of war on all fronts, including against the heroic Islamic Resistance of Lebanon. -Choice Broking

Sumeet Bagadia’s Desk:Buy NATURALGAS|27APR26 in Commodity @ 270.5 SL 267.1 TGT 277.30

Sumeet Bagadia’s Desk : Update on Book Part Profit : Exit at cost in ALUMINIUM|30APR26

Sumeet Bagadia’s Desk : Book Part Profit @ 356...Buy in Commodity ALUMINIUM|30APR26 @ 355.45 SL 354.7 TGT 356.95

Sumeet Bagadia’s Desk:Buy ALUMINIUM|30APR26 in Commodity @ 355.45 SL 354.7 TGT 356.95

Sumeet Bagadia’s Desk : Target Achieved @ 4879...Buy in Commodity ELECDMBL|29APR26 @ 4668 SL 4578 TGT 4848.00

Sumeet Bagadia’s Desk : Book Part Profit @ 4747...Buy in Commodity ELECDMBL|29APR26 @ 4668 SL 4578 TGT 4848.00

Sumeet Bagadia’s Desk : Stopped Out @ 485.2...Buy in Commodity CRUDEOILM|16APR26 PE 10000.00 @ 685.75 SL 485.75 TGT 1085.75

Sumeet Bagadia’s Desk : Stopped Out @ 233385...Buy in Commodity SILVERMIC|30APR26 @ 234969 SL 233390 TGT 238127.00

*US Core Durable Goods Orders m/m* Actual: 0.8% Forecast: 0.5% Prev.: 0.4% Impact: Negative for Bullion *US Durable Goods Orders m/m* Actual: -1.4% Forecast: -1.1% Prev.: 0.0% Impact: Positive for Bullion

Sumeet Bagadia’s Desk : Stopped Out @ 331.15...Sell in Commodity ZINC|30APR26 @ 330.3 SL 331.1 TGT 328.70

Sumeet Bagadia’s Desk:Buy SILVERMIC|30APR26 in Commodity @ 234969 SL 233390 TGT 238127.00

*US ADP Weekly Employment Change* Actual: 26.0K Prev.: 10.0K Impact: Negative for Bullion

US carried out strikes on Kharg Island military targets -Choice Broking