The correct option is C an ellipse
For a body performing SHM, the relation between velocity and displacement is given by,
v=ω√A2−x2
⇒v2=ω2(A2−x2)
⇒v2=ω2A2−ω2x2
⇒v2+ω2x2=ω2A2
⇒v2ω2A2+ω2x2ω2A2=1
⇒v2(ωA)2+x2(A)2=1
The above equation is similar to the equation of an ellipse i.e.(y2a2+x2b2=1).
So, the graph between velocity and displacement will be an ellipse.