Trend Table for IVCA - Investcorp India Acquisition Corp.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jun 27	B	Very Strong	Up	Up	Flat	1.59%
Jun 26	B	Very Strong	Up	Up	Flat	1.68%
Jun 25	B	Very Strong	Up	Up	Flat	1.68%
Jun 24	B	Very Strong	Up	Up	Flat	1.72%
Jun 21	B	Very Strong	Up	Flat	Flat	1.86%
Jun 20	B	Very Strong	Up	Up	Flat	1.59%
Jun 18	B	Very Strong	Up	Up	Flat	1.59%
Jun 17	B	Very Strong	Up	Up	Flat	1.86%
Jun 14	B	Very Strong	Up	Up	Flat	1.68%
Jun 13	B	Very Strong	Up	Up	Up	1.41%