Choice Commodity Research
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This is official channel of Choice Equity Broking Open account with Choice Broking for premium research calls Contact - 022-69835262
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Підписники
-124 години
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-630 днів
Архів дописів
Sumeet Bagadia’s Desk : Stopped Out @ 229100.00...Sell in Commodity SILVERMIC|30NOV26 @ 227313.00 SL 229069.00 TGT 223801.00
Sumeet Bagadia’s Desk : Stopped Out @ 21.28...Buy in Commodity COPPER|23OCT26 PE 1400.00 @ 23.18 SL 21.70 TGT 26.14
Sumeet Bagadia’s Desk : Exit @ 300.00...Buy in Commodity CRUDEOIL|15OCT26 CE 8800.00 @ 297.50 SL 278.00 TGT 336.50
Crude Oil Update
Crude Oil prices fell as rising global supply outweighed Middle East conflict risks. G7 emergency reserve releases and strong Persian Gulf exports offset ongoing tensions, despite unchanged OPEC+ output quotas and military escalations in Yemen.
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Sumeet Bagadia’s Desk : Update on Book Part Profit : Exit at cost in GOLDM|05NOV26
Sumeet Bagadia’s Desk:Buy CRUDEOIL|15OCT26 CE 8800.00 in Commodity @ 297.50 SL 278.00 TGT 336.50
Sumeet Bagadia’s Desk : Book Part Profit @ 147771.00...Sell in Commodity GOLDM|05NOV26 @ 147964.00 SL 148220.00 TGT 147452.00
Sumeet Bagadia’s Desk:Buy COPPER|23OCT26 PE 1400.00 in Commodity @ 23.18 SL 21.70 TGT 26.14
Weekly CFTC Positioning
Gold$: Net longs cut by 6,916 to 124,418 contracts.
Silver$: Net longs cut by 5,278 to 7,738 contracts.
Comex Copper: Net longs cut by 3,940 to 78,709 contracts.
WTI Crude: Net longs cut by 17,317 to 131,150 contracts.
Brent Crude: Net longs cut by 13,812 to 204,302 contracts.
NYMEX Natural Gas: Net shorts increased by 53,998 to 81,156 contracts.
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Sumeet Bagadia’s Desk:Sell GOLDM|05NOV26 in Commodity @ 147964.00 SL 148220.00 TGT 147452.00
Rupee Update
The rupee hovered near 96.2 per dollar as softer oil and reduced Fed hike bets offered relief. However, a strong dollar, elevated yields and RBI intervention remained key pressures, while rising inflation and strong growth increased expectations of an RBI rate hike.
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Dollar Update
The dollar index held firm near 102, near 18-Month high despite weak US employment data September added just 29,000 jobs while unemployment rose to 4.2%, reducing Fed rate hike expectations. Ongoing political gridlock and fiscal debt concerns in France further supported greenback strength.
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MCX Crude prices open gap down by -2.6% @8665, whereas NG gap up by +2%
Sumeet Bagadia’s Desk : Exit @ 12.20...Buy in Commodity NATURALGAS|23OCT26 CE 300.00 @ 11.40 SL 9.30 TGT 15.60
Global Market Snapshot
Global markets are mixed, with U.S. equities largely steady while European markets edge higher and the Nikkei gains. Treasury yields are rising, with the 10-year at 4.50% and 30-year at 5.30%, supporting the dollar at 102.18.
In commodities, gold is marginally higher at $4,168, while silver gains 1.5%; crude oil remains under pressure, with WTI near $90.11 and Brent at $101.55. Natural gas is slightly firmer, while copper is up around 0.5% and aluminium declines.
US Average Hourly Earnings m/m
Actual : 0.1%
Forecast: 0.3%
Prev.: 0.3%
Impact : Positive for Bullion
US Non-Farm Employment Change
Actual : 29K
Forecast: 89K
Prev.: 133K
Impact :Positive for Bullion
US Unemployment Rate
Actual : 4.2%
Forecast: 4.1%
Prev.:4.1%
Impact : Positive for Bullion
Sumeet Bagadia’s Desk : Update on Book Part Profit : Exit at cost in COPPER|30OCT26
