You can do this fairly easily using the picture control VIs (Graphics & Sound palette).
You can use the VIs to draw the necessary circles and lines. Then, you need to use an event structure with a mouse down event. This code in the event case will only execute when the mouse was clicked while on the picture and will return the coordinates of the click (in VI coords). You then need to calculate the position of the click in the picture and determine if it is inside one of the circles (and which).
Attched is a quick example (7.0). Note that only one circle is used and that 7.1 has a bug if you try to make the caption visible if it wasn't manually made visible at least once. The label and caption affect the indicator's position, which is why they are hidden.
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