ThencredibleKid :
I have an corsair H55. I got it to 4.2ghz, ran intel burn test and stayed under 65C.
Okay so that's a limited closed loop water cooler. Here's another hardware tech site's results with a 4790K and overclock. This is just a guideline as you may have a better or worse chip than they had (better meaning not as much voltage needed meaning it will run cooler at the same speed meaning higher overclock headroom, and worse meaning more voltage needed and will run hotter at the same speed, less overclock headroom). It's called "winning the silicon lottery" if you get a good chip.
What you are looking for in the below link to their chart is the voltage in the second column "CPU Volts". I do not know what cooler they used, but I think it's something like an H80i. The temps they got with each speed is represented under the fifth column "OCCT". Just gradually notch it up .1GHz at a time and watch temps. I would not go above 80C under load in a stress test.
http://images.anandtech.com/doci/8227/3%20i7-4790K%20OC.png
PS: You need to download a more stressful program like OCCT or Aida 64 and let it run for several hours in each speed.