Due to the upcoming budget on Feb 1, 2020 and high expectations, Nifty may go up.
Another thing that will go up is – India VIX. From 20-Jan-20 it will start rising and will fall after the budget.
Well, I have written articles on India VIX which you can read here:
What you can do now?
I would suggest reducing the lot size until the budget is over.
Results may be good or bad. If good, you made money – do not regret if you could have made more.
If your trading results are bad at least due to fewer lots traded you will not lose much.