See the formation of flag in chart of nifty. Now nifty is taking resistance at 61% level of range 5316-4630 at 5057. If price break the upper trend line then the price pattern will made inverse H&S pattern. The target inverse H&S pattern is 5274. If price is not break the level then it moves in the range. If price pattern will break the trend line(1) then it is the confirmation of break out and trend line(2) is using for smoothness of price movement break out. Final target of the pattern is 4343.
