For the time being you can utilize the Kendo UI charting scripts (http://demos.telerik.com/kendo-ui/bullet-charts/index) and API that RadHtmlChart use, in order to render a bullet chart:
	<form id="form1" runat="server">
		<telerik:RadScriptManager ID="RadScriptManager1" runat="server"></telerik:RadScriptManager>
		<script>
			function createChart() {
				$telerik.$("#chart").kendoChart({
					legend: {
						visible: false
					},
					series: [{
						type: "bullet",
						data: [[750, 762.5]]
					}],
					chartArea: {
						margin: {
							left: 0
						}
					},
					categoryAxis: {
						majorGridLines: {
							visible: false
						},
						majorTicks: {
							visible: false
						}
					},
					valueAxis: [{
						plotBands: [{
							from: 715, to: 752, color: "#ccc", opacity: .6
						}, {
							from: 752, to: 772, color: "#ccc", opacity: .3
						}],
						majorGridLines: {
							visible: false
						},
						min: 715,
						max: 795,
						minorTicks: {
							visible: true
						}
					}],
					tooltip: {
						visible: true,
						template: "Maximum: #= value.target # <br /> Average: #= value.current #"
					}
				});
			}
			function pageLoad() {
				createChart();
			}
		</script>
		<div id="chart"></div>
		<telerik:RadHtmlChart ID="RadHtmlChart1" runat="server" style="display:none;"></telerik:RadHtmlChart>
	</form>