Choice Commodity Research
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Sumeet Bagadia’s Desk : Book Part Profit @ 339.75...Sell ALUMINIUM|30OCT26 in Commodity @ 340.40 SL 341.10 TGT 339.00
Sumeet Bagadia’s Desk:Sell ALUMINIUM|30OCT26 in Commodity @ 340.40 SL 341.10 TGT 339.00
US Crude Oil Inventories
Actual: 0.9M
Forecast: -0.7M
Prev: 0.3M
Impact: Negative for crude oil
US Distillate Inventories
Actual: -2.3M
Forecast: 0.1M
Prev: -0.4M
Impact: Positive for crude oil
US Gasoline Inventories
Actual: -1.7M
Forecast: -1.0M
Prev: -1.7M
Impact: Neutral or Positive for crude oil
US Core PCE Price Index m/m
Actual : 0.2%
Forecast : 0.3%
Prev.: 0.2%
Impact: Neutral or positive for Bullion
US Final GDP q/q
Actual : 2.2%
Forecast : 1.5%
Prev.: 1.5%
Impact : Negative for Bullion
US Final GDP Price Index q/q
Actual : 6.1%
Forecast : 6.4%
Prev.: 6.4%
Impact : Positive for Bullion
US Personal Spending m/m
Actual : 0.9%
Forecast : 0.8%
Prev.: 0.2%
Impact: Negative for Bullion
US ADP Non-Farm Employment Change
Actual : 90K
Forecast: 73K
Prev.: 38K
Impact : Negative for Bullion
Sumeet Bagadia’s Desk : Update on Book Part Profit : Exit at cost in ELECDMBL|30OCT26
India Federal Fiscal Deficit (Aug)
Actual: 7,102.49B
Previous: 4,551.44B
Negative for Rupee.
Sumeet Bagadia’s Desk : Book Part Profit @ 6165.00...Sell in Commodity ELECDMBL|30OCT26 @ 6238.00 SL 6299.00 TGT 6116.00
Sumeet Bagadia’s Desk:Sell ELECDMBL|30OCT26 in Commodity @ 6238.00 SL 6299.00 TGT 6116.00
Sumeet Bagadia’s Desk : Update on Book Part Profit : Exit at cost in ALUMINI|30OCT26
Sumeet Bagadia’s Desk:Sell SILVERMIC|30NOV26 in Commodity @ 227482.00 SL 229850.00 TGT 222746.00
Sumeet Bagadia’s Desk : Exit @ 12.90...Buy in Commodity NATURALGAS|23OCT26 CE 300.00 @ 12.70 SL 11.20 TGT 15.70
Geopolitical Update
Iraq's parliament speaker said Iraq will not allow attacks against Gulf states to be launched from Iraqi territory.
-Choice Broking
Sumeet Bagadia’s Desk : Book Full Profit @ 149550.00...Buy in Commodity GOLDM|05NOV26 @ 149161.00 SL 148820.00 TGT 149843.00
Daily LME Stock Update
LME: aluminum stocks unchanged; lead down 200 tonnes; nickel unchanged; tin up 25 tonnes; zinc down 1,950 tonnes; copper down 1,075 tonnes.
Positive for Basemetal.
-Choice Broking
Sumeet Bagadia’s Desk : Commodity Insight
Sell CRUDEOIL OCT @ 8602 sell on rise till 8670, with a stoploss 9165, for the Target 7476
Sumeet Bagadia’s Desk:Sell CRUDEOIL|19OCT26 in Commodity @ 8602.00 SL 9165.00 TGT 7476.00
Sumeet Bagadia’s Desk : Book Part Profit @ 345.60...Buy in Commodity ALUMINI|30OCT26 @ 344.55 SL 343.25 TGT 347.15
Sumeet Bagadia’s Desk : Book Profit @ 229750.00...Buy in Commodity SILVERMIC|30NOV26 @ 228738.00 SL 226980.00 TGT 232254.00
