Blending Options-Gradient Overlay
Gradient’s parameters: 

The logotype’s layers should be combine in a group (press on the
Ctrl button to mark out the necessary layers and hold on the left mouse’s button to take the marked layers down on
Create a new group option).
Now we have to draw a flare under the logotype, selecting the
Ellipse Tool (U).

The layer’s parameters:
Fill 0% on the layers.
Opacity 50%
Blending Options>Gradient Overlay
Gradient’s parameters: 