Technically Nifty has broken the triangle pattern. But in the downward trend.. In the last few weeks Nifty had been trading in between the 2 trendline, but finally failed to close above the above trendline. Finally yesterday the Nifty has closed below the 2 trendline. The RSI is also in the downtrend. On 16th nifty had take good support at 20DMA, but finally the same is also broken. US Markets are deep in red. But the Asian markets have not fallen down to that extent.