It is extremely important to carry out a comprehensive research work before making an investment. It is only after an in-depth research work, you can evaluate or predict the future performance of a share, specific sector or the stock market. Even if you are going through the stock market tips, then also it is imperative to perform thorough research just to have a great peace of mind that the investment you are planning to undertake will yield profitable returns or not. When you are buying shares, then you are purchasing some portions of the business with an expectation to make profits if there is an increase in the business value. Before buying cloth or phone, you may be carrying out research to analyze their quality and performance. Similarly, when you are taking a stock market investment decision, then you must ensure that your hard-earned money is invested in the right place and does not go wasted. There are two major approaches to do the stock analysis the Technical Analysis and Fundamental Analysis. Both these analysis uses very different ways to analyze stocks and have been quite effective in producing good results.