Choice Commodity Research

Gold down by -2600 pts, Silver down by -7400 pts

Sumeet Bagadia’s Desk : Book Part Profit @ 198.85...Sell in Commodity LEAD|29MAY26 @ 199.3 SL 199.75 TGT 198.40

Sumeet Bagadia’s Desk : Stopped Out @ 244888...Buy in Commodity SILVERMIC|30JUN26 @ 246788 SL 244890 TGT 250584.00

Sumeet Bagadia’s Desk : Update on Book Part Profit : Exit at cost in NATURALGAS|26MAY26

Sumeet Bagadia’s Desk:Buy SILVERMIC|30JUN26 in Commodity @ 246788 SL 244890 TGT 250584.00

Sumeet Bagadia’s Desk : Book Part Profit @ 256.1...Sell in Commodity NATURALGAS|26MAY26 @ 258.5 SL 261.5 TGT 252.50

Crude oil surged by +4%, next resistance @ 9530 - 9595

Aluminium Update Global aluminium production slipped-from 18.6 million tonnes in Q4 2025 to 18.3 million tonnes in Q1 2026, a 1.6 per cent decline. Impact: Positive for Aluminium. -Choice Broking

Sumeet Bagadia’s Desk : Stopped Out @ 343.55...Sell in Commodity ZINC|29MAY26 @ 342.8 SL 343.55 TGT 341.30

Zinc Update Zinc prices fell on profit-taking despite tight supply, declining inventories, and disruptions. China demand supported sentiment, while mine restarts offered relief, though Middle East tensions continued to weigh on outlook. -Choice Broking

Sumeet Bagadia’s Desk:Sell ZINC|29MAY26 in Commodity @ 342.8 SL 343.55 TGT 341.30

Sumeet Bagadia’s Desk:Buy GUARSEED10|29MAY26 PE 5500.00 in Commodity @ 62 SL 42 TGT 102.00

Geopolitical Update The United States will not negotiate through the press and remains firm on its red lines in dealings with Iran, and the president will only make a deal that’s good for the American people and the world a White House spokeswoman said. -Choice Broking

Sumeet Bagadia’s Desk:Sell LEAD|29MAY26 in Commodity @ 199.3 SL 199.75 TGT 198.40

Sumeet Bagadia’s Desk:Sell NATURALGAS|26MAY26 in Commodity @ 258.5 SL 261.5 TGT 252.50

Crude oil Update Oil prices rose as stalled US–Iran peace efforts and Hormuz disruptions restricted supplies, while Trump rejected Iran’s proposal and tanker disruptions highlighted ongoing geopolitical and shipping risks in the region. -Choice Broking

Aluminium Update Aluminium prices slid on renewed US–Iran peace hopes that may reopen Hormuz, though uncertainty capped losses, while divergent LME destocking and rising Shanghai inventories limited global price convergence. -Choice Broking

Bullion Update Bullion prices slipped as investors assessed Middle East tensions and stalled US–Iran talks, while Trump’s dissatisfaction with Iran’s proposal reduced hopes of easing conflict-driven supply disruptions and inflation pressures. -Choice Broking

Sumeet Bagadia’s Desk : Update on Book Part Profit : Exit at cost in TMCFGRNZM|20MAY26

Natural Gas Update The EU issue fresh sanctions on Russia to ban condensate imports from Yamal LNG and other Russian projects from January 1, 2027. Impact: Positive for Natural gas. -Choice Broking