Trend Table for IVCA - Investcorp India Acquisition Corp.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Apr 18	A	Very Strong	Up	Up	Flat	4.10%
Apr 17	A	Very Strong	Up	Up	Flat	4.10%
Apr 16	A	Extremely Strong	Up	Up	Flat	3.91%
Apr 15	A	Extremely Strong	Up	Up	Flat	3.91%
Apr 12	A	Very Strong	Up	Up	Flat	3.91%
Apr 11	A	Very Strong	Up	Up	Flat	4.10%
Apr 10	A	Very Strong	Up	Up	Flat	4.19%
Apr 9	A	Very Strong	Up	Up	Flat	4.19%
Apr 8	A	Very Strong	Up	Up	Flat	4.29%
Apr 5	A	Very Strong	Up	Up	Flat	4.29%