Huawei Ascend Y530 will not boot
You may need to do a full factory reset.
This guide is a combination of the Recovery boot guide here, hardset.info/.../recovery-mode/



After booting recovery,      


Navigate to Wipe Data/Factory Reset   
Select it ....  
Reboot device    
Wait 20 minutes maximum    

If the device still hasn't booted
You have a bricked device, you need to look up how to unbrick a huawei y530... 

The usual process is... 
Install Stock Firmware   
Install Custom Firmware 'I prefer Cyanogen Mod'


... 


Unlock bootloader    
Flash Custom Recovery  
Boot Custom Recovery
Flash ROM - Stock or Custom  ( with Recovery )   
Wipe Data/Cache/Dalvik Cache &amp; Reboot   


All if not most methods will wipe everything on your Data partition, therefore the emulated internal SD Card ... So make sure everything is backed up... However you've already tried a factory reset " I imagine you used the option in settings, not this method "   

The recovery program is far more successful at doing a factory reset, I never use the option settings as it always fails.