Hey Sumedh,
Thanks a lot for your response,
First thing is, flash player is installed on my machine, and the version is 11.
And the second thing,
as you suggested, I tried the IE option setting and selected the 'Use rendering instead of GPU' that was not checked before. But no change in result. Same thing happens, If I keep some movement of mouse on chart area then the chart does not get loaded.
Let me put one more observation on this,
I tried 'Rewind' option and then 'Play' option of the flash component, then it is showing the chart.
Any guess what can be the issue with this?