The question you just asked is very well explained in the book: 'The alchemical tools' of paul brook. In short its not what you can accomplish with magic and mentalism, but what youre personal style is. You must make youre effects go with youre image, so you have to choose about effects you can and cant do. For example, it will be difficult for you to use a spoon bending as it dont fits youre image of a hypnotist. But as you said, you can. def. do something with your indian/hindu background.
Btw, Richard osterlings mind mysterys series and banacheck dvd are also every peny worth it, just as Max maven dvd's. They dont only teach you great effects, but also let you think of what kind of image you want to have and what fits what (Max Maven and Richard Osterlind effects and presentations are very different for example).
Gl, i am also a bit new, so i dont got wisom in my pocket, but i enjoyed and learned a lot from those books/ dvd's. I also had much help from this thread:
http://www.penguinmagic.com/discuss/vie ... p?t=129710