one who analyses and goes to thiruppāṛkadal (milky ocean) to recline —

 understood as it is, analysed -bhagavath vishayam (matters relating to bhagavān) is good and samsāram (bondage in material world) is bad-; —

considering us as entities when we weren’t —

analysed —

being seen —

analysed and determined (that -these divine feet are the refuge-) —

by discerning —

knowledge which can be qualified as knowing truly —