Trend Table for IVCA - Investcorp India Acquisition Corp.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Oct 25	A	Weak or Absent	Up	Up	Flat	0.69%
Oct 24	B	Weak or Absent	Up	Up	Flat	0.69%
Oct 23	B	Weak or Absent	Up	Up	Flat	0.69%
Oct 21	B	Weak or Absent	Up	Up	Flat	0.69%
Oct 18	C	Weak or Absent	Up	Up	Up	0.69%
Oct 9	B	Weak or Absent	Up	Up	Up	0.34%
Oct 8	B	Weak or Absent	Up	Flat	Flat	1.21%
Oct 2	B	Weak or Absent	Up	Flat	Flat	1.30%
Oct 1	B	Weak or Absent	Up	Flat	Flat	1.30%
Sep 25	C	Weak or Absent	Up	Flat	Flat	1.39%