The first symbol is an umbrella or parasol. It is a symbol of the sky and of the world above. The umbrella (the divine forces above) cast a protective shade over the world below. It represents protection from suffering and desire through spiritual means.
8 symbols of Buddism- Dharma Wheel:Representing the Dharma and Shakyamuni himself, the wheel symbolizes the turning of the wheel of Buddha's doctrine both in teachings and realizations enabling us to experience the joy of wholesome deeds and liberation.