Tilaka refers to the markings which Vaisnava devotees apply to their bodies, to remind themselves and others that

we are all eternal servants of Lord Krsna. The

U-shaped mark represents the heel of Lord Visnu, and the oval part represents the Tulasi leaf.

Lord Shiva says to Parvati that in the middle of the tilak marking there is a space, and in that space reside Lakshmi and Narayana. Therefore the body that is
decorated with tilaka should be considered a temple of Lord Vishnu.

Tulasi leaf on your nose, it should extend about 3/4 of the way down your nose.