Well I managed to fix the problem at least very near to it. What I did is i installed the windows application of the V star cam.
So the configuration now I have is..
I have my Windows laptop the Linksys router and the V star cam.
After installing the windows application I checked the settings and found out that there is is a section there which allows you to enter the SSID name and password of the router which I did and then the message came up on the screen that to disconnect the Ethernet wire from the camera as the camera will restart now.
So then I disconnected the wire and after the camera restarted it got connected wirelessly to the router and the windows application of the VStarcam was able to detect the camera.
It is working perfectly now on wireless and I guess the direct mode from the camera to the phone is not possible on this particular device as I don't see any setting of that.
I am also posting some screenshots here.
Another thing is the default Vstarcam app is still not able to detect the camera.
I am using the HSP2Pcam android app which has been amazing. It has almost all of the controls and has been able to access my camera no matter what the configuration has been just love this application.
