@Babar Q. Thanks for the reply. There are specific error message's logged in the application logs.For the same I think firstly I need to create a measure based on the error message and add that measure to the incident for triggering the alerts.
Logging measures like count and important Logging are present under Server Side Performance.I think I can use one of them and create measure.
Please correct me if I am wrong. Also if there is another way of doing the same please let me know.