Choice Commodity Research

Sumeet Bagadia’s Desk:Buy CRUDEOIL|17SEP26 CE 8900.00 in Commodity @ 255.95 SL 228.70 TGT 310.45

Copper Update MCX copper futures touched 1400 level and trading near its record highs on expectations of new U.S. tariffs, driving shipments to U.S. warehouses and tightening global supplies. Arbitrage, South American production dips, and growing demand from data centers and renewables further fueled gains. -Choice Broking

Rupee Update The rupee slipped to 94.61/dollar retreating from more than two-month highs as rising oil prices, with Brent near $97 on US-Iran tensions, and importer hedging pressured it. Despite, the RBI sold up to $15 billion last week. -Choice Broking

Sumeet Bagadia's Desk: Commodity Momentum: Buy ALUMINIUM - Sep @ 350.20, add on dips till 348.50, for the Target 362.20, with SL @ 344.20

Sumeet Bagadia’s Desk:Buy ALUMINIUM|30SEP26 in Commodity @ 350.20 SL 344.20 TGT 362.20

China Trade Balance Data Actual: 809B Expected: 805B Previous: 767B Positive for Basemetal. (The stronger trade surplus indicates continued resilience in China’s external demand)

Global Market Heatmap Global markets were mixed, with the Nasdaq 100 rising 0.42% and Nikkei 225 gaining 1.01%, while the Dow Jones and S&P 500 edged lower. In commodities, crude oil strengthened, with WTI up 1.06%, while Brent was broadly flat; heating oil gained sharply, whereas natural gas and coal declined. Metals were mostly positive, led by copper (+1.21%) and silver (+0.83%), while gold slipped 0.15% and aluminum was unchanged. In currencies, the yen strengthened 1.98%, while the dollar fell 0.37%, indicating broad dollar weakness.

Sumeet Bagadia’s Desk : Exit @ 15.75...Buy in Commodity COPPER|23SEP26 CE 1400.00 @ 15.50 SL 13.80 TGT 18.90

Sumeet Bagadia’s Desk : Target Achieved @ 6310.00...Buy in Commodity ELECDMBL|29SEP26 @ 6226.00 SL 6190.00 TGT 6298.00

Sumeet Bagadia’s Desk:Buy COPPER|23SEP26 CE 1400.00 in Commodity @ 15.50 SL 13.80 TGT 18.90

Sumeet Bagadia’s Desk : Exit @ 240089.00...Buy in Commodity SILVERMIC|30NOV26 @ 239584.00 SL 237778.00 TGT 243196.00

Sumeet Bagadia’s Desk : Book Part Profit @ 6255.00...Buy in Commodity ELECDMBL|29SEP26 @ 6226.00 SL 6190.00 TGT 6298.00

Sumeet Bagadia’s Desk : Exit @ 419.50...Buy in Commodity ZINC|30SEP26 @ 419.35 SL 418.50 TGT 421.05

Sumeet Bagadia’s Desk : Update on Book Part Profit : Exit at cost in GOLDM|05OCT26

Sumeet Bagadia’s Desk : Book Part Profit @ 152938.00...Buy in Commodity GOLDM|05OCT26 @ 152698.00 SL 152360.00 TGT 153374.00

Sumeet Bagadia’s Desk : Update on Book Part Profit : Exit at cost in NATURALGAS|25SEP26

Sumeet Bagadia’s Desk:Buy GOLDM|05OCT26 in Commodity @ 152698.00 SL 152360.00 TGT 153374.00