diff --git a/nvm.sh b/nvm.sh
index 4553a85..69de1be 100644
--- a/nvm.sh
+++ b/nvm.sh
@@ -274,6 +274,11 @@ nvm_ls() {
     fi
   else
     if [ "_$PATTERN" != "_system" ]; then
+      if nvm_validate_implicit_alias "$PATTERN" 2> /dev/null ; then
+        nvm_ls "$(nvm_print_implicit_alias local "$PATTERN" 2> /dev/null)"
+        return $?
+      fi
+
       local NUM_VERSION_GROUPS
       NUM_VERSION_GROUPS="$(nvm_num_version_groups "$PATTERN")"
       if [ "_$NUM_VERSION_GROUPS" = "_2" ] || [ "_$NUM_VERSION_GROUPS" = "_1" ]; then
@@ -312,7 +317,9 @@ nvm_ls_remote() {
   local VERSIONS
   local GREP_OPTIONS
   GREP_OPTIONS=''
-  if [ -n "$PATTERN" ]; then
+  if nvm_validate_implicit_alias "$PATTERN" 2> /dev/null ; then
+    PATTERN="$(nvm_remote_version "$(nvm_print_implicit_alias remote "$PATTERN")")"
+  elif [ -n "$PATTERN" ]; then
     PATTERN="$(nvm_ensure_version_prefix "$PATTERN")"
   else
     PATTERN=".*"
@@ -368,6 +375,48 @@ nvm_print_versions() {
   done
 }
 
+nvm_validate_implicit_alias() {
+  if [ "_$1" != "_stable" ] && [ "_$1" != "_unstable" ]; then
+    echo "Only implicit aliases 'stable' and 'unstable' are supported." >&2
+    return 1
+  fi
+}
+
+nvm_print_implicit_alias() {
+  if [ "_$1" != "_local" ] && [ "_$1" != "_remote" ]; then
+    echo "nvm_print_implicit_alias must be specified with local or remote as the first argument." >&2
+    return 1
+  fi
+
+  if ! nvm_validate_implicit_alias "$2"; then
+    return 2
+  fi
+
+  local LAST_TWO
+  if [ "_$1" = "_local" ]; then
+    LAST_TWO="$(nvm_ls | \grep -e '^v' | cut -c2- | cut -d . -f 1,2 | uniq)"
+  else
+    LAST_TWO="$(nvm_ls_remote | \grep -e '^v' | cut -c2- | cut -d . -f 1,2 | uniq)"
+  fi
+  local MINOR
+  local STABLE
+  local UNSTABLE
+  local MOD
+  for MINOR in $LAST_TWO; do
+    MOD=$(expr "$(nvm_normalize_version "$MINOR")" \/ 1000000 \% 2)
+    if [ $MOD -eq 0 ]; then
+      STABLE="$MINOR"
+    elif [ $MOD -eq 1 ]; then
+      UNSTABLE="$MINOR"
+    fi
+  done
+  if [ "_$2" = "_stable" ]; then
+    echo $STABLE
+  elif [ "_$2" = "_unstable" ]; then
+    echo $UNSTABLE
+  fi
+}
+
 nvm() {
   if [ $# -lt 1 ]; then
     nvm help
@@ -471,7 +520,7 @@ nvm() {
         nobinary=1
       fi
 
-      provided_version=$1
+      provided_version="$1"
 
       if [ -z "$provided_version" ]; then
         if [ $version_not_provided -ne 1 ]; then
@@ -834,6 +883,16 @@ nvm() {
             fi
           fi
         done
+
+        for ALIAS in "stable" "unstable"; do
+          if [ ! -f "$NVM_DIR/alias/$ALIAS" ]; then
+            if [ $# -lt 2 ] || [ "~$ALIAS" = "~$2" ]; then
+              DEST="$(nvm_print_implicit_alias local "$ALIAS")"
+              VERSION="$(nvm_version "$DEST")"
+              echo "$ALIAS -> $DEST (-> $VERSION) (default)"
+            fi
+          fi
+        done
         return
       fi
       if [ -z "$3" ]; then
diff --git "a/test/fast/Aliases/Running \"nvm alias\" lists implicit aliases when they do not exist" "b/test/fast/Aliases/Running \"nvm alias\" lists implicit aliases when they do not exist"
new file mode 100755
index 0000000..da91f11
--- /dev/null
+++ "b/test/fast/Aliases/Running \"nvm alias\" lists implicit aliases when they do not exist"	
@@ -0,0 +1,18 @@
+#!/bin/sh
+
+. ../../../nvm.sh
+
+die () { echo $@ ; exit 1; }
+
+NVM_ALIAS_OUTPUT=$(nvm alias)
+
+EXPECTED_STABLE="$(nvm_print_implicit_alias local stable)"
+STABLE_VERSION="$(nvm_version "$EXPECTED_STABLE")"
+echo "$NVM_ALIAS_OUTPUT" | \grep -e "^stable -> $EXPECTED_STABLE (-> $STABLE_VERSION) (default)$" \
+  || die "nvm alias did not contain the default local stable node version"
+
+EXPECTED_UNSTABLE="$(nvm_print_implicit_alias local unstable)"
+UNSTABLE_VERSION="$(nvm_version "$EXPECTED_UNSTABLE")"
+echo "$NVM_ALIAS_OUTPUT" | \grep -e "^unstable -> $EXPECTED_UNSTABLE (-> $UNSTABLE_VERSION) (default)$" \
+  || die "nvm alias did not contain the default local unstable node version"
+
diff --git "a/test/fast/Aliases/Running \"nvm alias\" lists manual aliases instead of implicit aliases when present" "b/test/fast/Aliases/Running \"nvm alias\" lists manual aliases instead of implicit aliases when present"
new file mode 100755
index 0000000..691ba66
--- /dev/null
+++ "b/test/fast/Aliases/Running \"nvm alias\" lists manual aliases instead of implicit aliases when present"	
@@ -0,0 +1,35 @@
+#!/bin/sh
+
+. ../../../nvm.sh
+
+die () { echo $@ ; cleanup ; exit 1; }
+cleanup () {
+  rm -rf ../../../v0.8.1
+  rm -rf ../../../v0.9.1
+}
+
+mkdir ../../../v0.8.1
+mkdir ../../../v0.9.1
+
+EXPECTED_STABLE="$(nvm_print_implicit_alias local stable)"
+STABLE_VERSION="$(nvm_version "$EXPECTED_STABLE")"
+
+EXPECTED_UNSTABLE="$(nvm_print_implicit_alias local unstable)"
+UNSTABLE_VERSION="$(nvm_version "$EXPECTED_UNSTABLE")"
+
+[ "_$STABLE_VERSION" != "_$UNSTABLE_VERSION" ] \
+  || die "stable and unstable versions are the same!"
+
+nvm alias stable "$EXPECTED_UNSTABLE"
+nvm alias unstable "$EXPECTED_STABLE"
+
+NVM_ALIAS_OUTPUT=$(nvm alias)
+
+echo "$NVM_ALIAS_OUTPUT" | \grep -e "^stable -> $EXPECTED_UNSTABLE (-> $UNSTABLE_VERSION)$" \
+  || die "nvm alias did not contain the overridden 'stable' alias"
+
+echo "$NVM_ALIAS_OUTPUT" | \grep -e "^unstable -> $EXPECTED_STABLE (-> $STABLE_VERSION)$" \
+  || die "nvm alias did not contain the overridden 'unstable' alias"
+
+cleanup
+
diff --git a/test/fast/Aliases/teardown_dir b/test/fast/Aliases/teardown_dir
index 8ea87ce..f6a01c6 100755
--- a/test/fast/Aliases/teardown_dir
+++ b/test/fast/Aliases/teardown_dir
@@ -6,3 +6,6 @@ for i in $(seq 1 10)
   rm -rf "../../../v0.0.$i"
 done
 
+rm -f "../../../alias/stable"
+rm -f "../../../alias/unstable"
+
diff --git "a/test/fast/Listing versions/Running \"nvm ls stable\" and \"nvm ls unstable\" should return the appropriate implicit alias" "b/test/fast/Listing versions/Running \"nvm ls stable\" and \"nvm ls unstable\" should return the appropriate implicit alias"
new file mode 100755
index 0000000..f744ffe
--- /dev/null
+++ "b/test/fast/Listing versions/Running \"nvm ls stable\" and \"nvm ls unstable\" should return the appropriate implicit alias"	
@@ -0,0 +1,25 @@
+ #!/bin/sh
+
+. ../../../nvm.sh
+
+die () { echo $@ ; exit 1; }
+
+EXPECTED_STABLE="$(nvm_print_implicit_alias local stable)"
+STABLE_VERSION="$(nvm_version "$EXPECTED_STABLE")"
+
+EXPECTED_UNSTABLE="$(nvm_print_implicit_alias local unstable)"
+UNSTABLE_VERSION="$(nvm_version "$EXPECTED_UNSTABLE")"
+
+nvm ls stable | \grep "$STABLE_VERSION" >/dev/null \
+  || die "expected 'nvm ls stable' to give $STABLE_VERSION, got $(nvm ls stable)"
+
+nvm ls unstable | \grep "$UNSTABLE_VERSION" >/dev/null \
+  || die "expected 'nvm ls unstable' to give $UNSTABLE_VERSION, got $(nvm ls unstable)"
+
+mkdir ../../../v0.1.2
+nvm alias stable 0.1
+
+nvm ls stable | \grep v0.1.2 >/dev/null \
+  && nvm ls stable | \grep -v "$STABLE_VERSION" >/dev/null \
+  || die "'nvm ls stable' did not contain an explicit 'stable' alias"
+
diff --git a/test/fast/Listing versions/teardown b/test/fast/Listing versions/teardown
index 3c5f013..b1c31a5 100755
--- a/test/fast/Listing versions/teardown	
+++ b/test/fast/Listing versions/teardown	
@@ -11,4 +11,6 @@ rmdir ../../../v0.3.3 >/dev/null 2>&1
 rmdir ../../../v0.3.9 >/dev/null 2>&1
 rmdir ../../../versions >/dev/null 2>&1
 unalias nvm_has_system_node >/dev/null 2>&1
+rm -f ../../../alias/stable >/dev/null 2>&1
+rm -f ../../../alias/unstable >/dev/null 2>&1
 
diff --git a/test/fast/Unit tests/nvm_ls_remote b/test/fast/Unit tests/nvm_ls_remote
index c6f2e7c..8b7da02 100755
--- a/test/fast/Unit tests/nvm_ls_remote	
+++ b/test/fast/Unit tests/nvm_ls_remote	
@@ -464,5 +464,22 @@ v0.3.8"
 
 [ "_$OUTPUT" = "_$EXPECTED_OUTPUT" ] || die "nvm_ls_remote 0.3 did not output 0.3.x versions; got $OUTPUT"
 
+# Sanity checks
+OUTPUT="$(nvm_print_implicit_alias remote stable)"
+EXPECTED_OUTPUT="0.10"
+[ "_$OUTPUT" = "_$EXPECTED_OUTPUT" ] || die "nvm_print_implicit_alias remote stable did not output $EXPECTED_OUTPUT; got $OUTPUT"
+
+OUTPUT="$(nvm_print_implicit_alias remote unstable)"
+EXPECTED_OUTPUT="0.11"
+[ "_$OUTPUT" = "_$EXPECTED_OUTPUT" ] || die "nvm_print_implicit_alias remote unstable did not output $EXPECTED_OUTPUT; got $OUTPUT"
+
+OUTPUT="$(nvm_ls_remote stable)"
+EXPECTED_OUTPUT="v0.10.32"
+[ "_$OUTPUT" = "_$EXPECTED_OUTPUT" ] || die "nvm_ls_remote stable did not output $EXPECTED_OUTPUT; got $OUTPUT"
+
+OUTPUT="$(nvm_ls_remote unstable)"
+EXPECTED_OUTPUT="v0.11.14"
+[ "_$OUTPUT" = "_$EXPECTED_OUTPUT" ] || die "nvm_ls_remote unstable did not output $EXPECTED_OUTPUT; got $OUTPUT"
+
 cleanup
 
diff --git a/test/fast/Unit tests/nvm_print_implicit_alias errors b/test/fast/Unit tests/nvm_print_implicit_alias errors
new file mode 100755
index 0000000..44db71c
--- /dev/null
+++ b/test/fast/Unit tests/nvm_print_implicit_alias errors	
@@ -0,0 +1,26 @@
+#!/bin/sh
+
+die () { echo $@ ; exit 1; }
+
+. ../../../nvm.sh
+
+EXPECTED_FIRST_MSG="nvm_print_implicit_alias must be specified with local or remote as the first argument."
+[ "_$(nvm_print_implicit_alias 2>&1)" = "_$EXPECTED_FIRST_MSG" ] \
+  || die "nvm_print_implicit_alias did not require local|remote as first argument"
+[ "_$(nvm_print_implicit_alias foo 2>&1)" = "_$EXPECTED_FIRST_MSG" ] \
+  || die "nvm_print_implicit_alias did not require local|remote as first argument"
+
+FIRST_EXIT_CODE="$(nvm_print_implicit_alias > /dev/null 2>&1 ; echo $?)"
+[ "_$FIRST_EXIT_CODE" = "_1" ] \
+  || die "nvm_print_implicit_alias without local|remote had wrong exit code: expected 1, got $FIRST_EXIT_CODE"
+
+EXPECTED_SECOND_MSG="Only implicit aliases 'stable' and 'unstable' are supported."
+[ "_$(nvm_print_implicit_alias local 2>&1)" = "_$EXPECTED_SECOND_MSG" ] \
+  || die "nvm_print_implicit_alias did not require stable|unstable as second argument"
+[ "_$(nvm_print_implicit_alias local foo 2>&1)" = "_$EXPECTED_SECOND_MSG" ] \
+  || die "nvm_print_implicit_alias did not require stable|unstable as second argument"
+
+SECOND_EXIT_CODE="$(nvm_print_implicit_alias local > /dev/null 2>&1 ; echo $?)"
+[ "_$SECOND_EXIT_CODE" = "_2" ] \
+  || die "nvm_print_implicit_alias without stable|unstable had wrong exit code: expected 2, got $SECOND_EXIT_CODE"
+
diff --git a/test/fast/Unit tests/nvm_print_implicit_alias success b/test/fast/Unit tests/nvm_print_implicit_alias success
new file mode 100755
index 0000000..95f5fa9
--- /dev/null
+++ b/test/fast/Unit tests/nvm_print_implicit_alias success	
@@ -0,0 +1,42 @@
+#!/bin/sh
+
+die () { echo $@ ; cleanup ; exit 1; }
+cleanup() {
+  rm -rf ../../../v0.2.3
+  rm -rf ../../../v0.3.4
+  rm -rf ../../../v0.4.6
+  rm -rf ../../../v0.5.7
+  rm -rf ../../../v0.7.7
+  unset -f nvm_ls_remote
+}
+
+. ../../../nvm.sh
+
+mkdir ../../../v0.2.3
+mkdir ../../../v0.3.4
+mkdir ../../../v0.4.6
+mkdir ../../../v0.5.7
+mkdir ../../../v0.7.7
+
+LATEST_STABLE="$(nvm_print_implicit_alias local stable)"
+[ "_$LATEST_STABLE" = "_0.4" ] || die "local stable is not latest even minor: expected 0.4, got $LATEST_STABLE"
+
+LATEST_UNSTABLE="$(nvm_print_implicit_alias local unstable)"
+[ "_$LATEST_UNSTABLE" = "_0.7" ] || die "local unstable is not latest odd minor: expected 0.7, got $LATEST_UNSTABLE"
+
+nvm_ls_remote() {
+  echo "v0.4.3"
+  echo "v0.5.4"
+  echo "v0.6.6"
+  echo "v0.7.7"
+  echo "v0.9.7"
+}
+
+LATEST_STABLE="$(nvm_print_implicit_alias remote stable)"
+[ "_$LATEST_STABLE" = "_0.6" ] || die "remote stable is not latest even minor: expected 0.6, got $LATEST_STABLE"
+
+LATEST_UNSTABLE="$(nvm_print_implicit_alias remote unstable)"
+[ "_$LATEST_UNSTABLE" = "_0.9" ] || die "remote unstable is not latest odd minor: expected 0.9, got $LATEST_UNSTABLE"
+
+cleanup
+
diff --git a/test/fast/Unit tests/nvm_validate_implicit_alias b/test/fast/Unit tests/nvm_validate_implicit_alias
new file mode 100755
index 0000000..ffc4247
--- /dev/null
+++ b/test/fast/Unit tests/nvm_validate_implicit_alias	
@@ -0,0 +1,19 @@
+#!/bin/sh
+
+die () { echo $@ ; exit 1; }
+
+. ../../../nvm.sh
+
+EXPECTED_MSG="Only implicit aliases 'stable' and 'unstable' are supported."
+[ "_$(nvm_validate_implicit_alias 2>&1)" = "_$EXPECTED_MSG" ] \
+  || die "nvm_validate_implicit_alias did not require stable|unstable"
+[ "_$(nvm_validate_implicit_alias foo 2>&1)" = "_$EXPECTED_MSG" ] \
+  || die "nvm_validate_implicit_alias did not require stable|unstable"
+
+EXIT_CODE="$(nvm_validate_implicit_alias >/dev/null 2>&1 ; echo $?)"
+[ "_$EXIT_CODE" = "_1" ] \
+  || die "nvm_validate_implicit_alias without stable|unstable had wrong exit code: expected 1, got $EXIT_CODE"
+
+nvm_validate_implicit_alias stable || die "nvm_validate_implicit_alias stable did not exit 0"
+nvm_validate_implicit_alias unstable || die "nvm_validate_implicit_alias unstable did not exit 0"
+