Trend Table for IVCA - Investcorp India Acquisition Corp.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jun 13	A	Very Strong	Up	Up	Flat	9.67%
Jun 12	A	Very Strong	Up	Up	Flat	9.67%
Jun 9	A	Very Strong	Up	Up	Flat	9.77%
Jun 8	B	Very Strong	Up	Flat	Flat	9.98%
Jun 7	B	Very Strong	Up	Flat	Flat	9.98%
Jun 6	A	Extremely Strong	Up	Up	Flat	9.36%
Jun 5	B	Extremely Strong	N/A	Flat	Flat	9.98%
Jun 2	B	Extremely Strong	N/A	Flat	Flat	9.98%
Jun 1	A	Extremely Strong	N/A	Up	Flat	9.88%
May 31	A	Extremely Strong	N/A	Up	Flat	9.67%