Trend Table for IVCA - Investcorp India Acquisition Corp.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 27	D	Strong	Up	Flat	Flat	2.10%
Aug 26	C	Strong	Up	Flat	Flat	2.10%
Aug 23	C	Strong	Up	Flat	Flat	2.10%
Aug 22	C	Strong	Up	Flat	Down	2.10%
Aug 21	C	Strong	Up	Flat	Down	2.10%
Aug 19	C	Strong	Up	Up	Down	1.57%
Aug 16	C	Strong	Up	Up	Down	1.57%
Aug 15	B	Strong	Up	Up	Down	1.57%
Aug 14	B	Strong	Up	Flat	Down	2.01%
Aug 13	B	Strong	Up	Flat	Down	2.01%