Trend Table for IVCA - Investcorp India Acquisition Corp.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 28	A	Very Strong	Up	Flat	Flat	8.65%
Aug 25	A	Very Strong	Up	Flat	Flat	8.75%
Aug 24	A	Very Strong	Up	Flat	Flat	8.75%
Aug 23	A	Very Strong	Up	Flat	Flat	8.70%
Aug 22	A	Very Strong	Up	Flat	Flat	8.70%
Aug 21	A	Very Strong	Up	Flat	Flat	8.96%
Aug 18	A	Very Strong	Up	Flat	Flat	8.96%
Aug 17	A	Very Strong	Up	Flat	Flat	8.96%
Aug 16	A	Very Strong	Up	Flat	Flat	8.85%
Aug 15	A	Very Strong	Up	Flat	Flat	8.96%