Trend Table for IVCA - Investcorp India Acquisition Corp.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Apr 23	A	Very Strong	Up	Up	Flat	2.49%
Apr 22	A	Very Strong	Up	Up	Flat	2.58%
Apr 19	A	Very Strong	Up	Up	Flat	2.49%
Apr 18	A	Very Strong	Up	Up	Flat	2.76%
Apr 17	A	Very Strong	Up	Up	Flat	2.76%
Apr 16	A	Extremely Strong	Up	Up	Flat	2.58%
Apr 15	A	Extremely Strong	Up	Up	Flat	2.58%
Apr 12	A	Very Strong	Up	Up	Flat	2.58%
Apr 11	A	Very Strong	Up	Up	Flat	2.76%
Apr 10	A	Very Strong	Up	Up	Flat	2.85%