Choice Commodity Research
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Sumeet Bagadia’s Desk : Update on Book Part Profit : Exit at cost in NATURALGAS|25SEP26
Sumeet Bagadia’s Desk : Book Part Profit @ 305.70...Buy in Commodity NATURALGAS|25SEP26 @ 285.00 SL 261.00 TGT 333.00
*Geopolitical Update*
Al Jazeera reported Yemen government forces shot down a Houthi armed drone on the Maqbanah front in Taiz province.
Positive for Crude oil.
Geopolitical Update
The US Treasury sanctioned Istanbul-based investment bank Golden Global over links to Iran, Treasury Secretary Bessent said, describing the move as part of efforts to further isolate Iran’s economy by targeting its trading partners. Bessent said another round of bank actions is forthcoming.
Sumeet Bagadia’s Desk : Stopped Out @ 221.10...Buy in Commodity CRUDEOIL|17SEP26 PE 8300.00 @ 242.70 SL 222.00 TGT 284.10
Sumeet Bagadia’s Desk:Buy CRUDEOIL|17SEP26 PE 8300.00 in Commodity @ 242.70 SL 222.00 TGT 284.10
MCX Crude Oil prices down around -3% , next support can be seen around 8340
Sumeet Bagadia’s Desk : Update on Book Part Profit : Exit at cost in COPPER|23SEP26 PE 1370.00
Sumeet Bagadia’s Desk : Book Part Profit @ 20.00...Buy in Commodity COPPER|23SEP26 PE 1370.00 @ 19.10 SL 17.90 TGT 21.50
Sumeet Bagadia’s Desk : Stopped Out @ 416.40...Buy in Commodity ZINCMINI|30SEP26 @ 418.50 SL 416.40 TGT 422.70
Sumeet Bagadia’s Desk:Buy COPPER|23SEP26 PE 1370.00 in Commodity @ 19.10 SL 17.90 TGT 21.50
US Average Hourly Earnings m/m
Actual : 0.3%
Forecast: 0.3%
Prev.: 0.1%
Impact : Neutral for Bullion
US Non-Farm Employment Change
Actual : 162K
Forecast: 55K
Prev.: -23K
Impact :Negative for Bullion
US Unemployment Rate
Actual : 4.1%
Forecast: 4.1%
Prev.:4.1%
Impact : Neutral for Bullion
Sumeet Bagadia’s Desk : Stopped Out @ 241238.00...Buy in Commodity SILVERMIC|30NOV26 @ 243122.00 SL 241300.00 TGT 246766.00
Sumeet Bagadia’s Desk : Stopped Out @ 276.50...Buy in Commodity NATURALGAS|25SEP26 @ 278.00 SL 276.50 TGT 281.00
Sumeet Bagadia’s Desk : Stopped Out @ 206.60...Buy in Commodity CRUDEOILM|17SEP26 CE 8800.00 @ 292.30 SL 206.90 TGT 463.10
Sumeet Bagadia’s Desk:Buy SILVERMIC|30NOV26 in Commodity @ 243122.00 SL 241300.00 TGT 246766.00
Sumeet Bagadia’s Desk:Buy NATURALGAS|25SEP26 in Commodity @ 278.00 SL 276.50 TGT 281.00
