Going long with Hindalco share after good green candle

Hindalco was in a downtrend for a long period but recently it has broken it's trendline and now it's consolidating at its monthly POC marked as dotted line. If it gives a bullish engulfing candle on a daily chat or a morning star then we can enter long in this share . First target would be 500 and then we can trail to next targets according to price action.