Thanks @slembcke and @Vavius for discussion my query.
And thanks for the link of Waving water physics..
But i Want some thing like one Water bubble coming from top of the device and when user touch it, will floating and water falling with physics factors..
i have some thing done which chipmunk but its not a even starting of it.
So can you please help me where to start ?
Is that any helpful resource for that ?