Trend Table for IVCA - Investcorp India Acquisition Corp.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 9	B	Strong	Up	Up	Flat	5.89%
Jan 8	B	Strong	Up	Up	Flat	5.89%
Jan 5	A	Strong	Up	Up	Flat	5.97%
Jan 4	A	Strong	Up	Up	Flat	5.97%
Dec 29	B	Strong	Up	Up	Flat	6.28%
Dec 28	B	Strong	Up	Up	Flat	6.18%
Dec 27	B	Strong	Up	Up	Flat	6.28%
Dec 26	D	Strong	Up	Up	Flat	6.47%
Dec 22	C	Strong	Up	Up	Flat	6.47%
Dec 21	C	Strong	Up	Up	Flat	6.57%