Voitto Insights
I am passionate about helping others have the right mindset to overcome challenges. Financial independence plays an important role in having that right mindset. I will also post regarding trading and investment ideas. Earlier had successfully completed two masters in management degrees. I am a working professional with more than a decade experience in multiple industries. Disclaimer: Kindly note that, I am not a Sebi registered investment advisor. Please do your own due diligence before taking any action on the posts here. All posts are for educational purposes only.
-
Berger trade on 7th June 21′
The Berger Paints trade was implemented smoothly with high confidence. Why high confidence? As in the previous week the stock ended in consolidation and made a higher low. The consolidation was with low volumes. Remember ‘silence before the storm’. Moreover the 15 mins price was very near to 200 SMA and hence had a high probability of crossover. Everyone knows about Golden Cross !! Daily had a healthy correction and took support at 20 EMA, which was a double confirmation. Entered trade at Rs 798 levels and made an exit at Rs 811. Approximately 13 Rs upmove captured. Below is the chart.
-
MM Forgings setup
Weekly and lower timelines are looking good in MM Forgings with a possible move to Rs 600 or above. Volume support also observed. Expecting a move of 15% or more in coming weeks. Result: The scrip made a high of Rs 616.70 today i.e. 11th June 21′. Target hit within 5 days of post. It will resume upmove after short correction soon.
-
Enjoying wealth when young or old?
Akhil – What can I do to become financially independent? Should I go slow, save 10% of my earnings every month, cut down on credit card spends, invest in pension and mutual funds, then buy a house. Ajay – Of course, the above are good ways to accumulate wealth in the long term. However, let me ask you a question. Do you want to enjoy your wealth from a young age or when you are old and don’t have the energy to appreciate it? Akhil – Surely, I do want to enjoy wealth from a young age as it will leave me with enough time to enjoy it with other…
-
Half hearted efforts
Kavita – How are your preparations for the exam going on? I heard you recently went on a long vacation abroad. Anil – Don’t worry I will ensure the syllabus is covered at least once. I have a natural talent for numbers. The exam is still 3 months away. Kavita – Hey, the exam results were out yesterday night. I am sure you have sailed through with flying colors. Which universities are you expecting a call from? Later after results… Anil – I am sad. Could not clear the exam this time as did not pace myself well in the end. Most of the questions were from previous year papers…
-
Greenply Ind trade on 4th Jun 21′
Made an entry in Greenply Industries on 4th June 21. Estimating it to be a trade of few days only. Entry price at Rs 204. Expecting 10% returns from the trade in the short term. More if held for few months. Following is the chart and trade rationale. Weekly in uptrend. Daily had a good and smooth correction. Thereafter confirmation of support at 50 EMA received. Hourly and 15 mins are consolidating near 200 SMA. Lower volumes during correction in 15 mins.
-
Visualising scenarios
Nikhil – I want you to have a 360-degree view of any solution. Anil – What do you mean by that? Nikhil – Explore every scenario. Be mindful of where it can go wrong. Often signs appear beforehand. Plan alternative paths to reach your goal. Anil – What if a part of the solution is dependent on an external event and I don’t have control? Nikhil – Forget that and just give your best. Course correct if required. Always view a solution to a problem from the angle of different scenarios and be prepared for course correction at short notice. Give your best and hustle well, no matter what!! ‘कौन…
-
When in doubt !
Anita – I have high blood pressure Kunal – Let’s go to a doctor asap Anita – I don’t want Allopathy treatment. Homeopathy suits me well. Kunal – Allopathy will give faster relief and may also have side effects. On the other hand, Homeopathy can take a long time to heal and you will have to bear with current issues for some time. However, whatever you choose, please have complete faith in the process and follow it diligently. Do keep observing progress though and course correct if required. When in doubt of the best road for someone, suggest good alternatives with relevant facts. Let the impacted person decide the most…
-
Motivating an employee for behavior changes
Supervisor – Why are there so many mistakes in your report? Staff – Sorry Sir. Did not re-check before sending. Supervisor – Let me give you an advice. Please make it a habit of checking your work before sharing. It will make you feel better and boost your confidence. Ask where you are not clear. Gradually it will become a habit and you will be known for quality work. Staff – Thank you Sir for the advice. Highlight employee’s own benefit when expecting behavior changes. Also, share your expectations clearly. Recently I was facing an issue, where staff would not give their best in a role as they expected a…
