Trend Table for IVCA - Investcorp India Acquisition Corp.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 21	A	Very Strong	Up	Up	Flat	8.25%
Sep 20	A	Very Strong	Up	Up	Flat	8.15%
Sep 19	A	Very Strong	Up	Up	Flat	8.25%
Sep 15	A	Very Strong	Up	Up	Flat	8.35%
Sep 14	A	Very Strong	Up	Up	Flat	8.45%
Sep 7	A	Very Strong	Up	Up	Flat	8.35%
Sep 6	A	Very Strong	Up	Up	Flat	8.35%
Sep 5	A	Very Strong	Up	Flat	Flat	8.65%
Sep 1	A	Very Strong	Up	Flat	Flat	8.65%
Aug 29	A	Very Strong	Up	Flat	Flat	8.65%