Shorting Candidates

How to select a scrip for shorting??
There are quite a few methods. One of the simplest ones I am sharing with you with example.
Step-1:
Select stocks with a Doji at top. For example yesterday EOD when I ran the scan for Doji at top, I got
among others, National Aluminium.

Step-2:
Change the time-frame to 75 minutes and see if there is a negative divergence vis-a-vis a momentum oscillator. The Oscillator of my choice is RSI. Among the stocks scanned in Step-1,I could notice National Aluminium showing negative divergence in 75 min chart:

This completes our homework,as far as stock-selection for shorting is concerned.
Now we shall look in detail about initiating the trade on the short side.
For first 5 minutes (at least--one may extend this time to 15 minutes also),one has not to do anything.
The new session may see the stock

1. Opening gap-down
2. Falling like a water-fall at the opening itself.

In both the above instances,we have not to do anything and treat it as a missed bus. But if the stock doesnot do any of the above,then we have to watch the price-action closely and derive at our entry and stop-level points judiciously.
Now, within an hour into the trading session,we saw weakness creeping in.
By this time, our trade set-up came to be like this:

However,price didnot breach our entry level and moved up instead so we changed our Entry and SL in following manner:

And we had our entry very soon:

And in Daily Charts,we appeared like this:

Wasn't that easy ??