Choice Commodity Research

Sumeet Bagadia’s Desk : Book Part Profit @ 1359.6...Sell in Commodity COPPER|30JUN26 @ 1360.95 SL 1362.5 TGT 1357.85

Sumeet Bagadia’s Desk:Sell COPPER|30JUN26 in Commodity @ 1360.95 SL 1362.5 TGT 1357.85

Sumeet Bagadia’s Desk : Book Part Profit @ 275750...Sell in Commodity SILVERMIC|30JUN26 @ 276860 SL 278400 TGT 273780.00

Copper Update The global copper market shifted into a larger surplus during first-quarter 2026, as refined copper surplus widened sharply to 396,000 tonnes from 135,000 tonnes recorded a year earlier. Impact: Negative for Copper. -Choice Broking

Crude Oil Update Crude oil prices rebounded as fresh US strikes in southern Iran and ongoing peace negotiations increased uncertainty, though prices cap upside limits amid optimism surrounding a potential US-Iran ceasefire agreement.

Bullion Update Bullion prices slipped as as fresh US military operations in southern Iran kept investors cautious about inflation risks, though falling oil prices below 100$ eased fears of prolonged tighter monetary policy and further rate hikes. -Choice Broking

Rupee Update The Indian rupee eased near 95.4 per dollar as renewed Iran tensions, rising crude prices, importer dollar demand, and inflation concerns pressured sentiment despite RBI intervention support. -Choice Broking

Sumeet Bagadia’s Desk:Sell SILVERMIC|30JUN26 in Commodity @ 276860 SL 278400 TGT 273780.00

Sumeet Bagadia’s Desk:Buy CRUDEOIL|16JUN26 CE 8800.00 in Commodity @ 641 SL 620 TGT 683.00

Sumeet Bagadia’s Desk : Stopped Out @ 277585...Buy in Commodity SILVERMIC|30JUN26 @ 280600 SL 277990 TGT 285820.00

Geopolitical Update Iranian Parliament Speaker Mohammad Bagher Ghalibaf and Foreign Minister Abbas Araghchi are in Doha to meet Qatar’s prime minister over a potential US-Iran deal to end the war, Reuters reported. -Choice Broking

Global Commodity Market Heatmap Global markets showed a mixed but largely risk-on tone, with major US indices gaining as the Dow Jones rose 0.57%, S&P 500 added 0.62%, and Nasdaq climbed 0.86%, while Japan’s Nikkei surged over 2.5%. European markets remained weak. In commodities, crude oil prices dropped sharply, with WTI down over 5%, while Brent crude stayed firmer. Precious metals remained supported as gold held near record highs above 4530 and silver gained nearly 1%. Copper and palladium also advanced, reflecting steady industrial demand. The US dollar index slipped slightly, while the VIX volatility index declined, signaling improved investor sentiment.

Sumeet Bagadia’s Desk : Stopped Out @ 733...Buy in Commodity GOLDM|29MAY26 CE 160000.00 @ 839 SL 733.5 TGT 1050.00

Sumeet Bagadia’s Desk : Target Achieved @ 295.3...Buy in Commodity NATURALGAS|25JUN26 @ 288.9 SL 285.9 TGT 294.90

Sumeet Bagadia’s Desk : Exit @ 277.9...Buy in Commodity NATURALGAS|26MAY26 @ 280 SL 248 TGT 324

Sumeet Bagadia’s Desk : Book Part Profit @ 291.3...Buy in Commodity NATURALGAS|25JUN26 @ 288.9 SL 285.9 TGT 294.90

Sumeet Bagadia’s Desk:Buy GOLDM|29MAY26 CE 160000.00 in Commodity @ 839 SL 733.5 TGT 1050.00