I created a view block and a content type "slideshow image" with "title" and "image" specially for slideshow. In this block only images of "slidshow image" content will appear.
And i added up five elements and i see effects on the slide show.
And even i created a directory named "jquery.cycle" in libraries \sites\all\sites\all\modules\libraries. Added the jquery.cycle.all.js file into that directory and but i didnt got any sliding of images...
Only the latest image is displaying but no effects.