Take a new file of 1280 pixels, 1024 pixels, of resolution 72 dpi in the RGB mode with a Black background.
 Create a new layer and make a circle on it and fill it with 003637
 Open Blending options of this layer and set these settnigs
img src=”http://premiumpsd.com/wp-content/uploads/2010/04/225.jpg” alt=”” title=”2″ width=”595″ height=”439″ class=”alignnone size-full wp-image-2162″ />
Now you have something like this
 Now make another circle on a new layer and fill it with white
 Open Blending options of this layer and set these settings.
 Now change your Layer Style to Darken and your image should look like this
 Now Press Ctrl+J to Duplicate this layer and press Ctrl+T to decrease its size. now load the duplicated layer’s selection and select previous circle and press delete and again press Ctrl+T to decrease its Size.
 Repeat step 7 to make inner circle.
Your Image is ready add some shadow if you like, in previous posts i have told you how to add shadow.
Thanks For Reading.