Hi vishalkal,
Please refer below sample
Namespaces
C#
using System.Data;
using System.Data.SqlClient;
using System.Windows.Forms.DataVisualization.Charting;
using System.Drawing;
VB.Net
Imports System.Data
Imports System.Data.SqlClient
Imports System.Configuration
Imports System.Windows.Forms.DataVisualization.Charting
Code
C#
private void Form1_Load(object sender, EventArgs e)
{
    //Fetch the Statistical data from database.
    string query = "SELECT ShipCity, COUNT(OrderId) [Total]";
    query += " FROM Orders WHERE ShipCountry = 'Brazil'";
    query += " GROUP BY ShipCity";
    DataTable dt = GetData(query);
    //Get the names of Cities.
    string[] x = (from p in dt.AsEnumerable()
                    orderby p.Field<string>("ShipCity") ascending
                    select p.Field<string>("ShipCity")).ToArray();
    //Get the Total of Orders for each City.
    int[] y = (from p in dt.AsEnumerable()
                orderby p.Field<string>("ShipCity") ascending
                select p.Field<int>("Total")).ToArray();
    Chart1.Series[0].LegendText = "Brazil Order Statistics";
    Chart1.Series[0].ChartType = SeriesChartType.Line;
    Chart1.Series[0].BorderWidth = 3;
    Chart1.Series[0].IsValueShownAsLabel = true;
    Chart1.Series[0].Points.DataBindXY(x, y);
}
private static DataTable GetData(string query)
{
    string constr = @"Data Source=.\SQL2005;Initial Catalog=Northwind;User ID=user;Password=password";
    using (SqlConnection con = new SqlConnection(constr))
    {
        using (SqlDataAdapter sda = new SqlDataAdapter(query, con))
        {
            DataTable dt = new DataTable();
            sda.Fill(dt);
            return dt;
        }
    }
}
ToolTip tt = null;
Point tl = Point.Empty;
private void Chart1_MouseMove(object sender, MouseEventArgs e)
{
    if (tt == null)
    {
        tt = new ToolTip();
    }
    ChartArea ca = Chart1.ChartAreas[0];
    if (InnerPlotPositionClientRectangle(Chart1, ca).Contains(e.Location))
    {
        Axis ax = ca.AxisX;
        Axis ay = ca.AxisY;
        double x = ax.PixelPositionToValue(e.X);
        double y = ay.PixelPositionToValue(e.Y);
        string s = DateTime.FromOADate(x).ToShortDateString();
        if (e.Location != tl)
        {
            tt.SetToolTip(Chart1, string.Format("X = {0} " + Environment.NewLine + "Y = {1:0.00}", s, y));
        }
        tl = e.Location;
    }
    else tt.Hide(Chart1);
}
RectangleF ChartAreaClientRectangle(Chart chart, ChartArea ca)
{
    RectangleF rf = ca.Position.ToRectangleF();
    float pw = chart.ClientSize.Width / 100f;
    float ph = chart.ClientSize.Height / 100f;
    return new RectangleF(pw * rf.X, ph * rf.Y, pw * rf.Width, ph * rf.Height);
}
RectangleF InnerPlotPositionClientRectangle(Chart chart, ChartArea ca)
{
    RectangleF rf1 = ca.InnerPlotPosition.ToRectangleF();
    RectangleF rf2 = ChartAreaClientRectangle(chart, ca);
    float pw = rf2.Width / 100f;
    float ph = rf2.Height / 100f;
    return new RectangleF(rf2.X + pw * rf1.X, rf2.Y + ph * rf1.Y, pw * rf1.Width, ph * rf1.Height);
}
VB.Net
Private Sub Form1_Load(sender As System.Object, e As System.EventArgs) Handles MyBase.Load
    'Fetch the Statistical data from database.
    Dim query As String = "SELECT ShipCity, COUNT(OrderId) [Total]"
    query &= " FROM Orders WHERE ShipCountry = 'Brazil'"
    query &= " GROUP BY ShipCity"
    Dim dt As DataTable = GetData(query)
    'Get the names of Cities.
    Dim x As String() = (From p In dt.AsEnumerable() _
                         Order By p.Field(Of String)("ShipCity") _
                         Select p.Field(Of String)("ShipCity")).ToArray()
    'Get the Total of Orders for each City.
    Dim y As Integer() = (From p In dt.AsEnumerable() _
                          Order By p.Field(Of String)("ShipCity") _
                          Select p.Field(Of Integer)("Total")).ToArray()
    Chart1.Series(0).LegendText = "Brazil Order Statistics"
    Chart1.Series(0).ChartType = SeriesChartType.Line
    Chart1.Series(0).BorderWidth = 3
    Chart1.Series(0).IsValueShownAsLabel = True
    Chart1.Series(0).Points.DataBindXY(x, y)
End Sub
Private Shared Function GetData(ByVal query As String) As DataTable
    Dim constr As String = "Data Source=.\SQL2005;Initial Catalog=Northwind;User ID=user;Password=password"
    Using con As SqlConnection = New SqlConnection(constr)
        Using sda As SqlDataAdapter = New SqlDataAdapter(query, con)
            Dim dt As DataTable = New DataTable()
            sda.Fill(dt)
            Return dt
        End Using
    End Using
End Function
Private tt As ToolTip = Nothing
Private tl As Point = Point.Empty
Private Sub Chart1_MouseMove(ByVal sender As Object, ByVal e As MouseEventArgs)
    If tt Is Nothing Then
        tt = New ToolTip()
    End If
    Dim ca As ChartArea = Chart1.ChartAreas(0)
    If InnerPlotPositionClientRectangle(Chart1, ca).Contains(e.Location) Then
        Dim ax As Axis = ca.AxisX
        Dim ay As Axis = ca.AxisY
        Dim x As Double = ax.PixelPositionToValue(e.X)
        Dim y As Double = ay.PixelPositionToValue(e.Y)
        Dim s As String = DateTime.FromOADate(x).ToShortDateString()
        If e.Location <> tl Then
            tt.SetToolTip(Chart1, String.Format("X = {0} " & Environment.NewLine & "Y = {1:0.00}", s, y))
        End If
        tl = e.Location
    Else
        tt.Hide(Chart1)
    End If
End Sub
Private Function ChartAreaClientRectangle(ByVal chart As Chart, ByVal ca As ChartArea) As RectangleF
    Dim rf As RectangleF = ca.Position.ToRectangleF()
    Dim pw As Single = chart.ClientSize.Width / 100.0F
    Dim ph As Single = chart.ClientSize.Height / 100.0F
    Return New RectangleF(pw * rf.X, ph * rf.Y, pw * rf.Width, ph * rf.Height)
End Function
Private Function InnerPlotPositionClientRectangle(ByVal chart As Chart, ByVal ca As ChartArea) As RectangleF
    Dim rf1 As RectangleF = ca.InnerPlotPosition.ToRectangleF()
    Dim rf2 As RectangleF = ChartAreaClientRectangle(chart, ca)
    Dim pw As Single = rf2.Width / 100.0F
    Dim ph As Single = rf2.Height / 100.0F
    Return New RectangleF(rf2.X + pw * rf1.X, rf2.Y + ph * rf1.Y, pw * rf1.Width, ph * rf1.Height)
End Function
Screenshot
