1. First of all to open a new Document. Go to Menu select File > new and then a new document will appear. In the new Document type the name of the document width = 300 pixel , height = 300 pixel and resolution = 96.012 pixel/inch.
You can do it with the file new > then press Ctrl+N.
2. Now create a new Layer1 to create a new layer click on the icon that is shown with the red circle in the Layer window or press Shift+Ctrl+N.
3. With the Rectangular Marquee Tool create a new Ellipse.
4. Now here click on the icon which is shown with the red circle to select Gradient Tool.
5. Now select a color which is shown with the red circle.
6. Now here with the Gradient Tool fill the shape with the color and then Deselect with Ctrl+D.
7. Now to make a copy of Layer1 Press Ctrl+J.
8. Now press Ctrl+J for Transform selection and then with the help of mouse drag the corner of Transform Section downward and now press Enter now fill the color code #4099EB.
9. Now select new Layer and the with the Elliptical Marquee Tool fill the color after that Deselect.
10. Now here select Filter Menu > select Render > select Lighting Effects.
11. In the Lighting Effect select style= Flood light / Light type = spot light here i have selected the color #08EDFB. Now work as shown below.
12. Now here again with the Elliptical Marquee Tool create another Ellipse and select a new Layer and then fill it with the color.
13. Now press Ctrl+J to make a copy of Layer3.
14. Now here select Layer3 >Right click > select Feather 15 px and then click ok.
15. Now our Image will look like this as shown below.
16. Now here select Layer1 and then Double click on the Layer1> Layer Style > select Inner Glow with the Opacity-75 / chock-13 /size-18.
17. Now the Image will look like this.
18. Now select copied Layer1 and then Double Click > Layer Style > select Inner Glow with the Opacity-75 / chock-6 / size- 24.
19. Now the Image will look like this. As shown below.
20. Now select Layer2 and select it's opacity 40 % which is shown with the red circle below.
21. With the Text Tool type any words.
22. Final Image.

