Choice Commodity Research

Sumeet Bagadia’s Desk : Exit @ 373...Buy in Commodity ALUMINIUM|30APR26 @ 372.75 SL 371.75 TGT 374.75

Sumeet Bagadia’s Desk : Book Part Profit @ 1280.5...Buy in Commodity COPPER|30APR26 @ 1279.05 SL 1277 TGT 1283.15

Sumeet Bagadia’s Desk:Buy COPPER|30APR26 in Commodity @ 1279.05 SL 1277 TGT 1283.15

Copper Update Copper prices trading near two-month highs as US-Iran tensions and Hormuz disruptions lifted inflation risks, though China’s pre-holiday restocking and record smelter output helped limit downside pressure on prices. -Choice Broking

Bullion Update Bullion prices fell amid Middle East uncertainty, central bank gold sales, driven by fiscal pressure, and Hormuz disruption, as elevated energy prices fueled inflation fears, strengthening rate hike expectations and keeping pressure on the metal. -Choice Broking

Crude Oil Update Crude oil prices rose for a fourth session as stalled US-Iran talks and Hormuz closure disrupted flows, while US inventories signaled mixed supply but strong fuel demand supported prices. -Choice Broking

Natural Gas Update Natural gas prices rose as US-Iran tensions kept Hormuz blocked, halting LNG exports, disrupting global supply, and raising concerns over Europe’s ability to rebuild gas inventories ahead of winter. -Choice Broking

Sumeet Bagadia’s Desk:Buy ALUMINIUM|30APR26 in Commodity @ 372.75 SL 371.75 TGT 374.75

Sumeet Bagadia’s Desk : Exit @ 349...Buy in Commodity ZINC|30APR26 @ 348.45 SL 347.5 TGT 350.35

Dollar Update Dollar index held near 98.5 level as stalled US-Iran peace talks boosted safe-haven demand, while Hormuz tensions, higher energy prices, sticky inflation, and upcoming data kept the greenback broadly firmly supported. -Choice Broking

Sumeet Bagadia’s Desk:Buy ZINC|30APR26 in Commodity @ 348.45 SL 347.5 TGT 350.35

Rupee Update The rupee fell to a three-week low near 94 per dollar, pressured by rising crude, strong importer demand, RBI dollar sales, and stalled US-Iran talks plus Hormuz tensions further escalation. -Choice Broking

Sumeet Bagadia’s Desk : Book Profit @ 245508...Sell in Commodity SILVERMIC|30APR26 @ 250417 SL 253145 TGT 244961.00

Sumeet Bagadia’s Desk : Target Achieved @ 373.25...Sell in Commodity ALUMINIUM|30APR26 @ 374.6 SL 375.25 TGT 373.30

Sumeet Bagadia’s Desk : Book Part Profit @ 373.5...Sell in Commodity ALUMINIUM|30APR26 @ 374.6 SL 375.25 TGT 373.30

Sumeet Bagadia’s Desk:Sell ALUMINIUM|30APR26 in Commodity @ 374.6 SL 375.25 TGT 373.30

*Crude Oil up by +4%, Next Resistance @ 8840 - 8892*

*US Crude Oil Inventories* Actual : 1.9M Forecast: -1.9M Prev.: -0.9M Impact : Negative for Crude Oil *US Distillate Inventories* Actual : -3.4M Forecast: -1.8M Prev.: -3.1M Impact : Positive for Crude Oil *US Gasoline Inventories* Actual : -4.6M Forecast: -2.0M Prev.: -6.3M Impact : Positive for Crude Oil