How to calculate previous business day

Hi,
I'm stuck with an issue.
Task is to calculate 1 to 6 previous business days with reference to system date.
Conditions are : Week is 6 day. In first case its Sunday as weekend holiday and in second case its Saturday as weekend holiday.
Another condition is I have to take care of bank holidays also which are stored in a separate table in database.
How to implement this logic ?
Below I have implemented some logic but its not running correctly for some dates adjusted according to bank holidays.
In this code I'm taking Sunday as weekend off and To_Date is having the list of bank holidays for 2012.
SELECT
CASE
    WHEN TRUNC(SYSDATE-1) IN (TO_DATE('01-JAN-2012'), TO_DATE('02-JAN-2012'), TO_DATE('07-APR-2012'), TO_DATE('09-APR-2012'), TO_DATE('07-MAY-2012'), TO_DATE('04-JUN-2012'), TO_DATE('05-JUN-2012'), TO_DATE('27-AUG-2012'), TO_DATE('25-DEC-2012'), TO_DATE('26-DEC-2012'))
    THEN (
      CASE
        WHEN TRUNC(SYSDATE-2) IN (TO_DATE('01-JAN-2012'), TO_DATE('02-JAN-2012'), TO_DATE('07-APR-2012'), TO_DATE('09-APR-2012'), TO_DATE('07-MAY-2012'), TO_DATE('04-JUN-2012'), TO_DATE('05-JUN-2012'), TO_DATE('27-AUG-2012'), TO_DATE('25-DEC-2012'), TO_DATE('26-DEC-2012'))
        Then (
        CASE
        WHEN TRUNC(SYSDATE-3) IN (TO_DATE('01-JAN-2012'), TO_DATE('02-JAN-2012'), TO_DATE('07-APR-2012'), TO_DATE('09-APR-2012'), TO_DATE('07-MAY-2012'), TO_DATE('04-JUN-2012'), TO_DATE('05-JUN-2012'), TO_DATE('27-AUG-2012'), TO_DATE('25-DEC-2012'), TO_DATE('26-DEC-2012'))
        Then (
        CASE
        WHEN TRUNC(SYSDATE-4) IN (TO_DATE('01-JAN-2012'), TO_DATE('02-JAN-2012'), TO_DATE('07-APR-2012'), TO_DATE('09-APR-2012'), TO_DATE('07-MAY-2012'), TO_DATE('04-JUN-2012'), TO_DATE('05-JUN-2012'), TO_DATE('27-AUG-2012'), TO_DATE('25-DEC-2012'), TO_DATE('26-DEC-2012'))
        Then (
        CASE
        WHEN TRUNC(SYSDATE-5) IN (TO_DATE('01-JAN-2012'), TO_DATE('02-JAN-2012'), TO_DATE('07-APR-2012'), TO_DATE('09-APR-2012'), TO_DATE('07-MAY-2012'), TO_DATE('04-JUN-2012'), TO_DATE('05-JUN-2012'), TO_DATE('27-AUG-2012'), TO_DATE('25-DEC-2012'), TO_DATE('26-DEC-2012'))
        Then (
        CASE
        WHEN TRUNC(SYSDATE-6) IN (TO_DATE('01-JAN-2012'), TO_DATE('02-JAN-2012'), TO_DATE('07-APR-2012'), TO_DATE('09-APR-2012'), TO_DATE('07-MAY-2012'), TO_DATE('04-JUN-2012'), TO_DATE('05-JUN-2012'), TO_DATE('27-AUG-2012'), TO_DATE('25-DEC-2012'), TO_DATE('26-DEC-2012'))
        THEN DECODE(TO_CHAR((SYSDATE-6),'DAY'),'MONDAY   ',TRUNC((SYSDATE-6)-7),'TUESDAY ',TRUNC((SYSDATE-6) - 7),'WEDNESDAY',TRUNC((SYSDATE-6) - 7),'THURSDAY ',TRUNC((SYSDATE-6) - 7),'FRIDAY   ',TRUNC((SYSDATE-6) - 7),'SATURDAY ',TRUNC((SYSDATE-6) - 7),'SUNDAY   ',TRUNC((SYSDATE-6) - 6))
        ELSE DECODE(TO_CHAR((SYSDATE-5),'DAY'),'MONDAY   ',TRUNC((SYSDATE-5)-7),'TUESDAY ',TRUNC((SYSDATE-5) - 7),'WEDNESDAY',TRUNC((SYSDATE-5) - 7),'THURSDAY ',TRUNC((SYSDATE-5) - 7),'FRIDAY   ',TRUNC((SYSDATE-5) - 7),'SATURDAY ',TRUNC((SYSDATE-5) - 7),'SUNDAY   ',TRUNC((SYSDATE-5) - 6))
        END)
        ELSE DECODE(TO_CHAR((SYSDATE-4),'DAY'),'MONDAY   ',TRUNC((SYSDATE-4)-7),'TUESDAY ',TRUNC((SYSDATE-4) - 7),'WEDNESDAY',TRUNC((SYSDATE-4) - 7),'THURSDAY ',TRUNC((SYSDATE-4) - 7),'FRIDAY   ',TRUNC((SYSDATE-4) - 7),'SATURDAY ',TRUNC((SYSDATE-4) - 7),'SUNDAY   ',TRUNC((SYSDATE-4) - 6))
        END)
        ELSE DECODE(TO_CHAR((SYSDATE-3),'DAY'),'MONDAY   ',TRUNC((SYSDATE-3)-7),'TUESDAY ',TRUNC((SYSDATE-3) - 7),'WEDNESDAY',TRUNC((SYSDATE-3) - 7),'THURSDAY ',TRUNC((SYSDATE-3) - 7),'FRIDAY   ',TRUNC((SYSDATE-3) - 7),'SATURDAY ',TRUNC((SYSDATE-3) - 7),'SUNDAY   ',TRUNC((SYSDATE-3) - 6))
        END)
        ELSE DECODE(TO_CHAR((SYSDATE-2),'DAY'),'MONDAY   ',TRUNC((SYSDATE-2)-7),'TUESDAY ',TRUNC((SYSDATE-2) - 7),'WEDNESDAY',TRUNC((SYSDATE-2) - 7),'THURSDAY ',TRUNC((SYSDATE-2) - 7),'FRIDAY   ',TRUNC((SYSDATE-2) - 7),'SATURDAY ',TRUNC((SYSDATE-2) - 7),'SUNDAY   ',TRUNC((SYSDATE-2) - 6))
      END )
          ELSE DECODE(TO_CHAR((SYSDATE-1),'DAY'),'MONDAY   ',TRUNC((SYSDATE-1)-7),'TUESDAY ',TRUNC((SYSDATE-1) - 7),'WEDNESDAY',TRUNC((SYSDATE-1) - 7),'THURSDAY ',TRUNC((SYSDATE-1) - 7),'FRIDAY   ',TRUNC((SYSDATE-1) - 7),'SATURDAY ',TRUNC((SYSDATE-1) - 7),'SUNDAY   ',TRUNC((SYSDATE-1) - 6))
      END)
    ELSE DECODE(TO_CHAR((SYSDATE),'DAY'),'MONDAY   ',TRUNC((SYSDATE)-7),'TUESDAY ',TRUNC((SYSDATE) - 7),'WEDNESDAY',TRUNC((SYSDATE) - 7),'THURSDAY ',TRUNC((SYSDATE) - 7),'FRIDAY   ',TRUNC((SYSDATE) - 7),'SATURDAY ',TRUNC((SYSDATE) - 7),'SUNDAY   ',TRUNC((SYSDATE) - 6))
END
FROM DUAL;Edited by: user9082359 on Oct 21, 2012 8:55 PM

Hello,
There are two business streams.
For one stream,Saturday is holiday and for other Sunday is holiday and
('01-JAN-2012'), ('02-JAN-2012'), ('07-APR-2012'), ('09-APR-2012'), ('07-MAY-2012'), ('04-JUN-2012'), ('05-JUN-2012'), ('27-AUG-2012'), ('25-DEC-2012'), ('26-DEC-2012') is my list of bank holidays for 2012 year.
Now if suppose we have to calculate 1 previous business day for today 22 Oct,it would be 20 Oct for one stream and 21 Oct for another stream.
Like this I have to calculate 1-6 previous business days for sysdate.
Now If there is a bank holiday coming in between e.g. suppose 20 Oct is a bank holiday and Sunday is weekend holiday,so now 1 previous business day would be 19 Oct.
I hope I have made myself clear.
Thanks and waiting for solution of this issue.

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