Now select the Gradient Tool aplly the following setings.
 Then fill the background with the help of Gradient Tool.
 Select the Elliptical Marquee Tool and create a circle. Now fill that layer with #0a93bd.
 After that select the Brush Tool use these settings.
 Now set the Foreground color as shown image below.
 Now cntl+Click the circle shape layer to make a selection, After that play with your brush tool do not “D” select.
 Take the Elliptical Marquee Tool use these settings.
 Now create a shape like this.
 Then right click to select the Feather use these values.
 Make a new layer and fill that layer with White, then set the Opacity as shown image below.
 Take the Brush Tool again use these settings.
 Draw a shape like me.
 Then take the Elliptical Marquee Tool create a shape then right click to select the Feather use these values as shown images below.
 Now make a new layer, fill that layer with white color.
 Take the Elliptical Marquee Tool create a shape, fill that layer with white color, then drag the layer above the background layer.
 Double click the layer to open layer style window. Apply settings as shown.
 This is my result.
 Done!!! I hope you like it.