If you love that wallpaper, use it in bathroom. Not really right for behind bed. I would go a drum style chandelier. In a silk pale gold. Your bed looks zen or Asian to me. I love it. But, you don't. Need to much with it. Keep it simple a more formal drape on windows, color would depend on wall color and bedding. I'm thinking a dramatic peacock satin. Use a lighter same tone on walls a rich teal. Ceiling can be gold leaf. With alight that cast shadows on ceiling at night. Then your wall paper will tie in. Furn should be mirrored.

and about the led light In talking about a single piece doing both fixed illumination and movable illumination simultaneously . in other words how can I get this effect seen in this picture

The energy efficient bulbs shown in the above photo suck the light is awful and they butn out quite often, if you want real energy savings go with LEDs they come in warm or cool light and you probably never have to chang a bulb as long as you live. They come in all kinds of wattages and can be retrofitted in almost any fixture.

Suraj, If you have access to the room that you shared earlier you can try seeing the flicker effect at night time with both lights and fan being on. If the lamp has a 360 degree light spread it will cast the fans shadow on the ceiling and when the fan is turned on it causes a flikr effect. I personally find it a distraction and at the same time many would not even notice it. Take the pick based on your usage. Wall mounted fans and recessed fans can also be explored. Thanks, Nitin Cornerstone Designs, Bangalore.