Trend Table for IVCA - Investcorp India Acquisition Corp.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Mar 19	A	Very Strong	Up	Up	Flat	4.47%
Mar 12	B	Very Strong	Up	Up	Flat	4.85%
Mar 11	B	Very Strong	Up	Up	Flat	4.85%
Mar 8	B	Very Strong	Up	Up	Flat	4.75%
Mar 7	B	Very Strong	Up	Up	Flat	4.85%
Mar 6	B	Very Strong	Up	Up	Flat	4.94%
Mar 5	A	Very Strong	Up	Up	Flat	4.85%
Mar 4	B	Very Strong	Up	Up	Flat	4.89%
Mar 1	B	Very Strong	Up	Up	Flat	5.04%
Feb 29	B	Very Strong	Up	Up	Flat	5.04%