Get started
Nifty Auto IndexNifty Auto IndexNifty Auto Index

Nifty Auto Index

No trades
See on Supercharts
Overview News
Ideas
Discussions Seasonals Components

CNXAUTO trade ideas

Trader's Queries - Trading Psychology Part 11Query : "Will this stock go up? I have bought it at this price." Most of the days I get this question in different form. Answer : Not only newbie's, but also traders face this uncertainty. After buying or selling the stock they get anxious whether the price will move as per their expectation. Unless we learn to deal with uncertainty, we cant develop trading discipline which is very important for a successful trader. 1. Plan your trade and have it in written form. 2. The written plan should have proper entry, exit and stoploss. 3. When you feel uncertain, check your trading plan. See what it says. 4. You can not control price, but you can control your uncertainty feeling. Be aware of it. 5. Say to yourself, "I have a solid plan. If price moves against my plan I have stoploss to save me". 6. Dont run away from uncertainty, face it with certain trading strategy and plan.
NSE:CNXAUTOEducation
by vanathi
6
CNXAUTO not looking goodAuto sector in India has been a stellar performer for last few years. Its performance is catching up though. In general the Indian market looks ripe for a correction and in general the hardest bull is usually the hardest bear. CNXAUTO has just broken though the trend channel. Individual stocks in the sector exhibit similar trait. I small bump up would be an ideal opportunity to go short on this sector in general. Specifically, maruti, apollotyres, tvsmotor etc. A lot of of quick money to be had here.
NSE:CNXAUTOShort
by Kaustubh
auto ancilliory could follow it , pharma in slowdownAuto ancillary companies supplying to global OEM’s could face a sharp slowdown in growth as Electric Vehicles replace ICE vehicles in the production line. Investors should carefully analyse which companies will face slowdown while looking at investments in auto ancillary stocks. Tesla is over 10 years old while Ford is 100 years plus old and the smaller and futuristic company Tesla has already overtaken Ford in terms of Market capitalization. In short, the returns on Tesla have far outweighed returns on Ford and this is a wake up call for Auto ancillary companies. As the OEMs are witnessing a disruption in the Internal Combustion Engines (ICE) category the Auto Component manufacturers which supply parts specific to internal combustion engines would also witness a huge disruption as their business depends on the demand for ICE vehicles. Incrementally all major OEM’s are investing in electric vehicles as it is expected that many developed countries will completely replace ICE vehicles with electric vehicles. India is a global hub for manufacturing of Auto Components and any disruption in the traditionally driven vehicles would largely affect the export business in the near future. Indian Auto Component Industry The Indian auto-components industry can be broadly classified into the organized and unorganized sectors. The organized sector caters to the Original Equipment Manufacturers (OEMs) and consists of high-value precision instruments while the unorganized sector comprises low-valued products and caters mostly to the aftermarket category. The Auto components market is split into Six Product Segments. Engine Parts – Piston and Piston Rings, Engine Valves and Parts, Fuel Injection Systems and Carburettors, Cooling System and Parts and Power Train Components. Drive Transmission and Steering Parts – Gears, Wheels, Steering Systems, Axles and Clutches. Body and Chassis Suspension and Braking Parts – Brake and Brake Assemblies, Brake Linings, Shock Absorbers, Leaf Springs. Equipments – Headlights, Halogen Bulbs, Wiper Motors, Dashboard Instruments, Other Panel Instruments. Electrical Parts – Starter Motors, Spark Plugs, Electric Ignition Systems, Flywheel Magnetos, Other Equipment. Others – Sheet Metal Parts, Hydraulic and Pneumatic Instruments, Fan Belts and Pressure Die Castings. Engine parts accounts for 31% of the entire product range of the auto components sector followed by drive transmission & steering parts at 19%, Body and Chassis at 12%, Suspension and Braking Parts at 12%, Equipments at 10%, Electrical Parts at 9% and other parts at 7%. Two Wheeler segment is the largest domestic customer segment for the auto components industry in India with a share of 78.59% followed by Passenger Vehicles at 14.25%, Commercial Vehicles at 3.27% and Three Wheelers at 3.9%. Domestic and Export Business Over the last decade, the automotive components industry has scaled three times to US$ 39 billion in 2015-16 while exports have grown even faster to US$ 10.8 billion. This has been driven by strong growth in the domestic market and increasing globalisation (including exports) of several Indian suppliers. Engine parts accounts for 31% of the entire product range of the auto components sector followed by drive transmission & steering parts at 19%, Body and Chassis at 12%, Suspension and Braking Parts at 12%, Equipments at 10%, Electrical Parts at 9% and other parts at 7%. Two Wheeler segment is the largest domestic customer segment for the auto components industry in India with a share of 78.59% followed by Passenger Vehicles at 14.25%, Commercial Vehicles at 3.27% and Three Wheelers at 3.9%. Domestic and Export Business Over the last decade, the automotive components industry has scaled three times to US$ 39 billion in 2015-16 while exports have grown even faster to US$ 10.8 billion. This has been driven by strong growth in the domestic market and increasing globalisation (including exports) of several Indian supplier.
NSE:CNXAUTO
by kacharts
7