This is the eight-looped knot. In India, the Mystic Knot is actually a symbol that forms the emblem of the goddess of wealth! In Feng shui, the mystic knot symbol is usually seen as a snake swallowing its own tail. As far as sings of Feng Shui go, this emblem is the one that represents the spiritual nature of one's existence on the planet.
1. What is it good for - The Mystic Knot symbolizes the cycle of birth and rebirth, thus symbolizing the very nature of one's existence on the planet. It is also a symbol of unending love.
2. Where to keep it - The mystic knot is usually red in colour (it is best if it is red in colour). It has to be put in the south-west part of the bedroom to enhance happiness in relationships. In offices, it can be put in the southwest corner as well. Doing that will promote harmony and loyalty among the people working in the office.