Fix outFile check (#44277)

Author: sheetalkamat

src/compiler/watchUtilities.ts

@@ -473,7 +473,7 @@ namespace ts {
 
         // We want to ignore emit file check if file is not going to be emitted next to source file
         // In that case we follow config file inclusion rules
-        if (options.outFile || options.outDir) return false;
+        if (outFile(options) || options.outDir) return false;
 
         // File if emitted next to input needs to be ignored
         if (fileExtensionIs(fileOrDirectoryPath, Extension.Dts)) {