Copper Update
Copper prices declined amid hopes for a US-Iran peace deal, and increasing inventories though, strong AI-driven industrial demand expectations, and persistent Middle East-related supply concerns supporting global copper markets.
-Choice Broking
Copper prices declined amid hopes for a US-Iran peace deal, and increasing inventories though, strong AI-driven industrial demand expectations, and persistent Middle East-related supply concerns supporting global copper markets.
-Choice Broking
Sumeet Bagadia’s Desk : Exit @ 538.4...Buy in Commodity CRUDEOIL|16JUN26 PE 8800.00 @ 537 SL 516 TGT 579.00
Sumeet Bagadia’s Desk : Book Profit @ 273178...Sell in Commodity SILVERMIC|30JUN26 @ 274365 SL 276800 TGT 269495.00
Sumeet Bagadia’s Desk:Buy GOLDM|29MAY26 PE 156000.00 in Commodity @ 727 SL 570 TGT 1041.00
Geopolitical Update
US efforts to reopen the Strait of Hormuz ended in strategic defeat, an Iranian Revolutionary Guards deputy said, warning forces are ready with loaded magazines and coastline graveyard for aggressors.
-Choice Broking
US efforts to reopen the Strait of Hormuz ended in strategic defeat, an Iranian Revolutionary Guards deputy said, warning forces are ready with loaded magazines and coastline graveyard for aggressors.
-Choice Broking
Aluminium Update
Aluminium prices rose as rising alumina costs and reduced Gulf supply tightened markets, while concerns over Guinea’s bauxite shipments boosted Shanghai alumina futures sharply.
-Choice Broking
Aluminium prices rose as rising alumina costs and reduced Gulf supply tightened markets, while concerns over Guinea’s bauxite shipments boosted Shanghai alumina futures sharply.
-Choice Broking
MCX CRUDE OIL prices down by -3.2%, Next support zone seen around 8700--8640
Sumeet Bagadia’s Desk : Book Part Profit @ 841...Buy in Commodity GOLDM|29MAY26 PE 156000.00 @ 727 SL 570 TGT 1041
Sumeet Bagadia’s Desk : Target Achieved @ 1054.5...Buy in Commodity GOLDM|29MAY26 PE 156000.00 @ 727 SL 570 TGT 1041
Sumeet Bagadia’s Desk : Book Part Profit @ 157443...Sell in Commodity GOLDM|03JUL26 @ 159163 SL 161615 TGT 154259
Choice Commodity Research
2026-05-26_GOLDM.pdf
*Sumeet Bagadia's Desk: Commodity Momentum Pick Update:*
GOLDM - Jul, CMP 157,443; Approx. Profit of Rs. 17,200/- at cmp
GOLDM - Jul, CMP 157,443; Approx. Profit of Rs. 17,200/- at cmp
Sumeet Bagadia’s Desk:Sell CRUDEOILM|18JUN26 in Commodity @ 8612 SL 8737 TGT 8362.00
Sumeet Bagadia’s Desk : Book Part Profit @ 8482...Sell in Commodity CRUDEOILM|18JUN26 @ 8612 SL 8737 TGT 8362.00
Sumeet Bagadia’s Desk:Sell SILVERMIC|30JUN26 in Commodity @ 269470 SL 272655 TGT 263100.00
Sumeet Bagadia’s Desk : Update on Book Part Profit : Exit at cost in CRUDEOILM|18JUN26
*US Richmond Manufacturing Index*
Actual : 13
Forecast : 4
Prev.: 3
Impact : Positive for Base metals
Actual : 13
Forecast : 4
Prev.: 3
Impact : Positive for Base metals
Sumeet Bagadia’s Desk:Sell ALUMINIUM|30JUN26 in Commodity @ 383.3 SL 384 TGT 381.90
Sumeet Bagadia’s Desk:Sell NATURALGAS|25JUN26 in Commodity @ 300.2 SL 303.2 TGT 294.20
Sumeet Bagadia’s Desk : Stopped Out @ 384.05...Sell in Commodity ALUMINIUM|30JUN26 @ 383.3 SL 384 TGT 381.90
Sumeet Bagadia’s Desk : Book Profit @ 267200...Sell in Commodity SILVERMIC|30JUN26 @ 269470 SL 272655 TGT 263100.00