Trend Table for IVCA - Investcorp India Acquisition Corp.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Aug 12	B	Very Strong	Up	Flat	Down	2.37%
Aug 9	B	Very Strong	Up	Up	Down	1.57%
Aug 8	A	Very Strong	Up	Up	Up	-3.47%
Aug 7	A	Very Strong	Up	Up	Up	-5.12%
Aug 6	A	Very Strong	Up	Up	Up	-5.04%
Aug 5	A	Very Strong	Up	Up	Flat	2.37%
Aug 2	A	Very Strong	Up	Up	Flat	2.46%
Aug 1	B	Very Strong	Up	Up	Flat	2.37%
Jul 31	B	Very Strong	Up	Up	Flat	2.46%
Jul 30	C	Very Strong	Up	Flat	Flat	2.64%