This is purely based on my personal view about Nifty 50 Jan Fut.
WE might see dip probably till 21497 but possibly it will again bounce back. Nifty Future might achieve target of 22400 level by 12th Jan when it will complete 55 trading days cycle.
so 12th and 14th Jan becomes important dates to observe for positional downside till 04th Feb
Then bounce back...