Trend Table for IVCA - Investcorp India Acquisition Corp.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Feb 28	B	Very Strong	Up	Up	Flat	5.04%
Feb 26	B	Very Strong	Up	Up	Flat	5.23%
Feb 23	B	Very Strong	Up	Up	Flat	5.23%
Feb 15	B	Very Strong	Up	Up	Flat	5.42%
Feb 14	B	Very Strong	Up	Up	Flat	5.42%
Feb 13	B	Very Strong	Up	Up	Flat	5.51%
Feb 12	B	Very Strong	Up	Up	Flat	5.42%
Feb 5	B	Strong	Up	Up	Flat	5.42%
Feb 2	B	Strong	Up	Up	Flat	5.42%
Jan 26	B	Strong	Up	Up	Flat	5.51%