Step 1 Add a new layer.
Step 2 Set your foreground color to light blue
Step 3 Select the rounded rectangle tool. In your option bar set the radius to to 40 pixels
Step 4 In the option bar , click on the third icon from the (fill pixels)
Step 5 Draw your shape on your stage
Step 6 Apple + Click on your shape layer
Step 7 Add a new layer
Step 8 Go under the select menu , under modify and choose contract. Enter 20 pixels , click OK
Step 9 Press the letter "D" then the letter "X" to set your foreground to white.
Step 10 Press option + delete
Step 11 Press Apple +D
Sep 12 Go under the filter menu , under blur , choose Gaussian blur When dialog box appears enter 10. Click OK
Step 13 Select the move tool
Step 14 Using the arrows on the key board , move your blurry white layer down to the bottom pf the pill shape
Step 15 Hold down the apple key and click on the pill layer in your layers palette
Step16Press shift + Apple I to inverse your selection
Step 17 Press the delete key
Step 18 press the shift Apple+ I
Step19 Create a new layer
Step20 Set your foreground color to darker blue than you original blue.
Step 21 Fill your selection by passing Option+Delete
Step22 Deselect by pressing Option + d
Step 23 Hold down the apple key click once on the blurry layer in your layers palette (Be sure not to change layers). You should still be on the dark layer
Step 24 Press delete to knock a soft hole out of the blue pill shape
Step 25 Select the rectangular marquee tool
Step 26 Place your mouse inside the selection area and drag the selection upward a little bit. Tap the delete key
Step27 Repeat step 26 one or two more times until you re almost to the top of the pill (make sure to stop just short of the top
Step28 Deselect by pressing apple + D
Step29 Apple + Click on your layer to put a selection around it
Step 30 create a new layer
Step 31 Go under the select menu, under modify , choose contract
Step 32 Press the letter "D" the "X" to select your foreground white
Step 33 Select the gradient tool . In the option bar click on the down facing arrow next to the gradient thumbnail . Choose a the second gradient (Foreground to Transparent)
Step 34 Drag this gradient from the top of your selection to the bottom
Step 35 Deselect
Step36 Select the move tool . Using the arrows on the key board , move your white gradient layer upward to where its almost at the top but leave gap of dark blue between your white gradient and the top of the pill ( THIS CREATES THE HIGH LIGHT AREA OF THE PILL)
Step 37 Press apple +T
Step 38 Go under the edit menu, under transform choose Perspective,
Step 39 Grab the left bottom corner, and click and drag outward just a bit to add a perspective effect
Step 40 press enter to let photoshop know your are done
Step 41 Hide your background layer visible
Step 42 Choose drop shadow. In the dialog cox, click the color swatch
Step 43 Click on the blue section of your pill shape to colorize the shadow
Step 44 Lowe the opacity to 50%, set the angle to 90ยบ , distance to 45, size to 32 , turn off the Global Light. Click OK to complete the effect