The aim of this research study is to detect emotional state by processing electroencephalography (EEG) signals and test effect of meditation music therapy to stabilize mental state. This study is useful to identify 12 subtle emotions angry (annoying, angry, nervous), calm (calm, peaceful, relaxed), happy (excited, happy, pleased), sad (sleepy, bored, sad). A total 120 emotion signals were collected by using Emotive 14 channel EEG headset. Emotions are elicited by using three types of stimulus thoughts, audio and video. The system is trained by using captured database of emotion signals which include 30 signals of each emotion class. A total of 24 features were extracted by performing Chirplet transform. Band power is ranked as the prominent feature. The multimodel approach of classifier is used to classify emotions. Classification accuracy is tested for K-nearest neighbor (KNN), convolutional neural network (CNN), recurrent neural network (RNN) and deep neural network (DNN) classifiers. The system is tested to detect emotions of intellectually disable people. Meditation music therapy is used to stable mental state. It is found that it changed emotions of both intellectually disabled and normal participants from the annoying state to the relaxed state. A 75% positive transformation of mental state is obtained in the participants by using music therapy. This research study presents a novel approach for detailed analysis of brain EEG signals for emotion detection and stabilize mental state.