Trend Table for IVCA - Investcorp India Acquisition Corp.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Apr 14	A	Very Strong	N/A	Up	Flat	10.82%
Apr 13	A	Very Strong	N/A	Flat	Flat	11.03%
Apr 12	A	Very Strong	N/A	Flat	Flat	11.03%
Apr 11	A	Very Strong	N/A	Flat	Flat	11.03%
Apr 10	A	Very Strong	N/A	Up	Flat	11.03%
Apr 6	A	Very Strong	N/A	Flat	Flat	11.13%
Apr 5	A	Very Strong	N/A	Flat	Flat	11.13%
Apr 4	A	Very Strong	N/A	Flat	Flat	11.13%
Mar 31	A	Very Strong	N/A	Up	Flat	11.03%
Mar 30	A	Very Strong	N/A	Up	Flat	11.03%