Choice Commodity Research
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*US Unemployment Claims*
Actual : 210K
Forecast: 211K
Prev.: 205K
Impact : Negative for Bullion
Sumeet Bagadia’s Desk : Exit @ 8922...Buy in Commodity CRUDEOILM|20APR26 @ 8896 SL 8790 TGT 9108.00
Sumeet Bagadia’s Desk:Buy NATURALGAS|23APR26 PE 270.00 in Commodity @ 17.6 SL 16 TGT 20.80
Sumeet Bagadia’s Desk:Buy GOLDM|28APR26 PE 140000.00 in Commodity @ 5750 SL 5380 TGT 6490.00
Sumeet Bagadia’s Desk:Buy CRUDEOILM|20APR26 in Commodity @ 8896 SL 8790 TGT 9108.00
Sumeet Bagadia's Desk: Book Part Profit in CRUDEOIL strategy
Approx. Profit of Rs. 1800 at cmp
Long Call Butterfly
Sumeet Bagadia’s Desk:
Buy CRUDEOIL 8000 CE 16-Apr 1 lot @ 886.50
Sell CRUDEOIL 8500 CE 16-Apr 2 lots @ 668
Buy CRUDEOIL 9000 CE 16-Apr 1 lot @ 495.30
Max loss: 4580 below 8000 or above 9000 (on expiry)
Max profit of 45420 at 8500 (on expiry)
Risk-Reward: 1 : 10
Margin required: 594,500
Breakeven : 8046-8954
(Duration: 3 week)
Sumeet Bagadia’s Desk : Target Achieved @ 229321...Sell in Commodity SILVERMIC|30APR26 @ 238863 SL 242010 TGT 232569.00
Sumeet Bagadia’s Desk : Stopped Out @ 141574...Buy in Commodity GOLDTEN|31MAR26 @ 144396 SL 142800 TGT 147588.00
Sumeet Bagadia’s Desk : Stopped Out @ 8474...Sell in Commodity CRUDEOILM|20APR26 @ 8295 SL 8470 TGT 7945.00
*US Crude Oil Inventories*
Actual : 6.9M
Forecast: -1.3M
Prev.: 6.2M
Impact : Negative for Crude Oil
*US Distillate Inventories*
Actual : 3.0M
Forecast: -1.9M
Prev.: -2.5M
Impact : Negative for Crude Oil
*US Gasoline Inventories*
Actual : -2.6M
Forecast: -2.0M
Prev.: -5.4M
Impact : Positive for Crude Oil
Sumeet Bagadia’s Desk : Stopped Out @ 309.2...Buy in Commodity ZINC|30APR26 @ 310.1 SL 309.2 TGT 311.90
Sumeet Bagadia’s Desk : Update on Book Part Profit : Exit at cost in NATURALGAS|23APR26 PE 270.00
Sumeet Bagadia’s Desk:Buy ZINC|30APR26 in Commodity @ 310.1 SL 309.2 TGT 311.90
Sumeet Bagadia’s Desk : Book Part Profit @ 21.8...Buy in Commodity NATURALGAS|23APR26 PE 270.00 @ 21 SL 20 TGT 23.00
Sumeet Bagadia’s Desk:Buy GOLDTEN|31MAR26 in Commodity @ 144396 SL 142800 TGT 147588.00
Sumeet Bagadia’s Desk:Buy NATURALGAS|23APR26 PE 270.00 in Commodity @ 21 SL 20 TGT 23.00
Sumeet Bagadia’s Desk:Sell CRUDEOILM|20APR26 in Commodity @ 8295 SL 8470 TGT 7945.00
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