As In the Hindu mythology Lord Vishnu holds this Sudarshan Chakra.
The ouroboros derived from ancient Greek, is often interpreted as a symbol for eternal cyclic renewal or a cycle of life, death, and rebirth. The two apperarent snake represents skin-sloughing process .
In the Aitareya Brahmana , a Vedic text of the early 1st millennium BCE , the nature of the Vedic rituals is compared to ” a snake biting its own tail” . Ouroboros symbolism has been used to describe the Kundalini . ” The divine power , Kundalini , shines like the stem of a young lotus ; like a snake , coiled around upon herself”.