Correct me..
<div>May be i am wrong, plxx correct me </div><div>If i say i am understanding your point of view or i understand your point of view.</div><div>which one is correct and why?</div>

<div>They both make sense.</div><div>"I am understanding your point of view" sounds strange. You would not say it like that. </div><div>Instead you can just say "I understand your point of view."</div>