Choice Commodity Research
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Sumeet Bagadia’s Desk : Book Part Profit @ 357.45...Buy in Commodity ALUMINIUM|30APR26 @ 356.8 SL 356 TGT 358.40
Sumeet Bagadia’s Desk : Book Part Profit @ 331.55...Buy in Commodity ZINC|30APR26 @ 331.05 SL 330.45 TGT 332.25
Sumeet Bagadia’s Desk:Buy ZINC|30APR26 in Commodity @ 331.05 SL 330.45 TGT 332.25
Sumeet Bagadia’s Desk:Buy ALUMINIUM|30APR26 in Commodity @ 356.8 SL 356 TGT 358.40
Sumeet Bagadia’s Desk:Buy SILVERMIC|30APR26 in Commodity @ 243713 SL 240980 TGT 249179.00
Sumeet Bagadia’s Desk : Book Full Profit @ 9310...Buy in Commodity CRUDEOILM|20APR26 @ 9198 SL 9090 TGT 9414.00
Geopolitical Update
Israeli Prime Minister Benjamin Netanyahu asserted that there is "no ceasefire in Lebanon" and vowed to continue military operations with "full force" against Hezbollah.
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Sumeet Bagadia’s Desk : Stopped Out @ 243170...Buy in Commodity SILVERMIC|30APR26 @ 245331 SL 243200 TGT 249593.00
Sumeet Bagadia’s Desk : Stopped Out @ 355.3...Buy in Commodity ALUMINIUM|30APR26 @ 355.7 SL 355.3 TGT 356.50
Sumeet Bagadia’s Desk:Buy ALUMINIUM|30APR26 in Commodity @ 355.7 SL 355.3 TGT 356.50
Sumeet Bagadia’s Desk : Exit @ 331.5...Buy in Commodity ZINC|30APR26 @ 331.4 SL 330.5 TGT 333.20
Sumeet Bagadia’s Desk : Book Part Profit @ 9278...Buy in Commodity CRUDEOILM|20APR26 @ 9198 SL 9090 TGT 9414.00
Sumeet Bagadia’s Desk : Stopped Out @ 252...Sell in Commodity NATURALGAS|27APR26 @ 250.1 SL 252 TGT 246.30
Natural gas Update
Qatar is preparing to restart LNG output at Ras Laffan after a ceasefire. Production may resume soon, though shipping safety through the Strait will determine ramp-up pace.
Impact: Negative for Natural gas.
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Sumeet Bagadia’s Desk:Buy CRUDEOILM|20APR26 in Commodity @ 9198 SL 9090 TGT 9414.00
Bullion Update
India's gold demand firmed ahead of Akshaya Tritiya, though high prices capped buying. China premiums narrowed as demand softened, while the central bank kept purchasing gold for a 17th month.
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Crude Oil Update
The United States Department of Energy is seeking proposals to exchange up to 30 million barrels of sweet crude oil from the West Hackberry Strategic Petroleum Reserve site.
Impact: Slightly negative for crude oil.
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Sumeet Bagadia’s Desk:Buy SILVERMIC|30APR26 in Commodity @ 245331 SL 243200 TGT 249593.00
Copper Update
Copper futures steadied on US-Iran ceasefire optimism and potential Hormuz reopening, though sentiment stayed fragile amid tensions, However, rising LME inventories, subdued demand, and cautious policy signals from China weighed on prices.
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