Clarification for Nifty Future & Option Hedging Strategy

We are near to our target even taking late entry into Nifty Future due to gap-ups. We will continue to hold this position and will exit after getting around 50-100 points more than our target. We are changing our plan for few days due to Union Budget session next week. As per our strategy, before any known big event, we don't take hedging position and instead of this, a special call may be given at appropriate time for buying OTM Options after exiting from present position. Thanks.