Trend Table for IVCA - Investcorp India Acquisition Corp.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 14	B	Weak or Absent	Up	Up	Flat	7.25%
Nov 13	A	Strong	Up	Up	Flat	6.86%
Nov 10	A	Strong	Up	Up	Flat	6.86%
Nov 9	A	Strong	Up	Up	Flat	7.25%
Nov 8	A	Strong	Up	Up	Flat	7.25%
Nov 7	A	Strong	Up	Flat	Flat	7.55%
Nov 6	A	Strong	Up	Up	Flat	7.16%
Nov 3	A	Strong	Up	Up	Flat	7.21%
Nov 2	A	Strong	Up	Up	Flat	7.21%
Nov 1	A	Strong	Up	Up	Flat	7.21%