Trend Table for IVCA - Investcorp India Acquisition Corp.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 27	A	Very Strong	N/A	Up	Flat	12.26%
Jan 26	A	Very Strong	N/A	Up	Flat	12.31%
Jan 25	A	Very Strong	N/A	Up	Flat	12.42%
Jan 24	A	Very Strong	N/A	Up	Flat	12.42%
Jan 23	A	Very Strong	N/A	Up	Flat	12.31%
Jan 20	A	Very Strong	N/A	Up	Flat	12.63%
Jan 19	A	Very Strong	N/A	Up	Flat	12.63%
Jan 18	A	Very Strong	N/A	Up	Flat	12.74%
Jan 17	A	Very Strong	N/A	Up	Flat	12.74%
Jan 13	A	Very Strong	N/A	Up	Flat	12.96%