To create an NTFS link, you need to type the following commands into a ‘Command Prompt‘ window with administrative rights.
Hardlink (files only):
mklink /h <link_name> <file name>
Junction (folder only):
mklink /j <link_name> <folder name>
Symbolic link (file):
mklink <link_name> <file name>
Symbolic link (folder):
mklink /d <link_name> <folder name>
For more details about NTFS links, you can see the following links:
You can also choose to install ‘Hardlink Shell Extension’ which adds an explorer context menu with all the needed options.