Record the Action
The following four steps will be recorded and we’ll repeat these steps by playing the action back. Now the first thing is to duplicate the layer. Make sure "Extrude" layer is selected in the layers palette and hit Command+J to duplicate. The second step is to scale it down a little. Hit Command+T and set Horizontal and Vertical Scales at 99% and hit Commit Transform button or simply hit Enter twice. The next thing we’ll do is to change the color and lightness. Everytime we play the action back, Photoshop will duplicate the layer, scale it down slightly and change the color of the layer and reduce the lightness so that it gets darker step by step. Hit Command+U to bring up the Hue/Saturation settings, set Hue to -50 and Lightness to -8 and apply. Finally we need to get the "Extrude copy" layer below the original one. In the layers palette drag the "Extrude copy" layer down and place it below the "Extrude" layer. Now click the Stop button on the Actions Panel.

Now Apply It
Duplicate the "Extrude" layer and name it "Reflection Extrude", we’ll use this layer later for the reflection. Now we’ll play the action we recorded 25 times. Make sure the ""Extrude copy" layer is selected in the Layers palette and "Main" is selected in the Actions Panel, click the Play button 24 times. Select "Extrude" layer and all the copies in the Layers Palette and hit Command+E to merge them. Turn "Front" layer back to visible.

Create the Light Rays
Duplicate the "Extrude" layer and name it "Rays". Move the "Rays" layer to top of the layer stack. Go to Filter > Blur > Radial Blur, Set Amount to 100, Blur Method to Zoom, set Quality to Best and apply. Hit Command+F to apply the filter again with the last settings. Set Blending Mode for "Rays" layer to Color Dodge.

Arrange Layers
It’s now time to make the reflection. Duplicate the "Front" layer. Create a new layer above the "Front copy" layer and name it "Reflection Front". Select "Reflection Front" and "Front copy" layers and merge by hitting Command+E. Take both Reflection layers just above the "Background" layer as in the below image.

Create the Reflection
Get the Move Tool, select "Rays", "Front" and "Extrude" layers and move them up as in the below image. Now select both "Reflection Front" and "Reflection Extrude" layers, go to Edit > Transform > Flip Vertical. Move these layers down where the reflection will be.

Create the Reflection
The next thing we’ll do is to extrude the reflection. Again we’ll create an action for that. Make sure "Reflection Extrude" layer is selected. Go to Actions Palette and click on the Create New Action button and name it "Reflection". Duplicate the "Reflection Extrude" layer. Hit Command+T, drag the pivot point up to the center of the PSD text as in the below image, and then set Horizontal and Vertical Scales at 99% and apply. Hit Command+U to bring up the Hue/Saturation settings and set Hue to -50 and Lightness to -8. Drag the "Reflection Extrude copy" layer below the "Reflection Extrude" layer in the Layers Palette. Now go to Actions Palette and stop recording.

Create the Reflection
While the "Reflection Extrude copy" layer is selected play the "Reflection" action 23 times. Then select all Reflection Extrude layers in the Layers Palette and hit Command+E to merge.

Reflecting Light Rays
Now duplicate "Reflection Extrude" layer and name it "Reflection Rays". Select both "Reflection Extrude" and "Reflection Front" layers and hit Command+E to merge. Rename the merged layer as "Reflection". Move "Reflection" layer below the "Reflection Rays" layer in the Layers Palette. Set Layer Opacity for "Reflection" layer at 20%. Select "Reflection Rays" layer and go to Filter > Blur > Radial Blur. Set Amount to 100, Blur Method to Zoom and Quality to Best. Move the Blur Center up as in the below image and apply. Set Blending Mode of "Reflection Rays" layer to Color Dodge and Layer Opacity at 60% .

Create the Reflection
Go to Laters Palette and select "Reflection" layer and click on the Add Layer Mask button. Get the Gradient Tool, pick Black, White gradient and fill the Layer Mask as shown in the below image. Now you should have a vanishing reflection. Now we have to do the same for the "Reflection Rays" layer. To apply the same layer mask to "Reflection Rays" layer just Command-click on the layer mask you’ve just created, then go to "Reflection Rays" layer and click the Add Layer Mask button.

Create the Shadow
Create a new layer above "Reflection Rays" and name it "Shadow". Get the Polygonal Lasso Tool and make a selection like in the image and fill with black. Hit Command+D to deselect. Hit Command+T and scale it down vertically as in the below image. Go to Filter > Blur > Gaussian Blur and apply with a Radius of 8 pixels. Then, go to Filter > Blur > Motion Blur and use these settings: Distance => 85, Angle => 0.

Edit the Background
Now we’ll apply a layer style to "Background" layer. But before, double-click the "Background" layer and hit OK to convert it to a regular layer. Apply a Gradient Overlay to "Layer 0" using these settings: Blend Mode => Overlay, Opacity =>25%, Gradient => Black, White, Style => Linear, Angle => 90, Scale => 40%.

Congratulations
That’s the end of another Awesome^★ tutorial. Hope you learned something new and had fun.

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