This paper reports on an innovative approach to Emotion Recognition in Conversation and Emotion Flip Reasoning for the SemEval-2024 competition with a specific focus on analyzing Hindi-English code-mixed language. By integrating Large Language Models (LLMs) with Instruction-based Fine-tuning and Quantized Low-Rank Adaptation (QLoRA), this study introduces innovative techniques like Sentext-height and advanced prompting strategies to navigate the intricacies of emotional analysis in code-mixed conversational data. The results of the proposed work effectively demonstrate its ability to overcome label bias and the complexities of code-mixed languages. Our team achieved ranks of 5, 3, and 3 in tasks 1, 2, and 3 respectively. This study contributes valuable insights and methods for enhancing emotion recognition models, underscoring the importance of continuous research in this field.