Transform Effect

[MahaB82A]

I want reflection of this image at this point. How to decide which point to select from this option? 

[Monika Gause]

Why is the bounding box so large on the right?

[MahaB82A]

After deleting unnecessary layers I got bounding box like this. But I do not know how to have control over size of the bounding box. File is uploded.

MW2

[Monika Gause]

That file looks OK and will allow you to just set the origin to the right edge.

[MahaB82A]

I wish to know whether it is possible to use Astute Graphics to get this.

[Kurt Gold]

Transform Effect – Axis at Anchor Point (zipped .ai sample file)

[MahaB82A]

Thanks for the reply. It is highly appreciated if you could upload a video shows what you did. 

[Kurt Gold]

No video, but a comparison:

Transform Effect Axis - Comparison (zipped .ai file)

Check the Appearance panel to see the difference.