Large amplitude microwave emission and reduced nonlinear phase noise in Co2Fe(Ge0.5Ga0.5) Heusler alloy based pseudo spin valve nanopillars Appl. Phys. Lett. 99, 162508 (2011) Proper scaling of the anomalous Hall effect in the Co/Pt multilayers J. Appl. Phys. 110, 033921 (2011) Physical nature of anomalous peaks observed in extraordinary Hall effect measurement of exchange biased spin-valves with perpendicular anisotropy J. Appl. Phys. 110, 013913 (2011) Existence of modulated structure and negative magnetoresistance in Ga excess Ni-Mn-Ga Appl. Phys. Lett. 99, 021902 (2011) Thermoelectric properties of Ga-added CoSb3 based skutterudites J. Appl. Phys. 110, 013521 (2011) Additional information on J. Appl. Phys. We report a significant magnetoresistance ͑MR͒ effect arisen from magnetic field-induced reorientation of martensitic twin variants in a ferromagnetic shape memory Ni 50 Mn 29 Ga 21 single crystal. The measured electrical resistivity shows large anisotropy and the measured MR value is as large as 25% over the wide temperature range of 230-315 K at a moderate magnetic field of 1.2 T. It is found that a proper combination of the initial state of martensitic twin variants and the direction and magnitude of applied magnetic field can give rise to either positive or negative MR value of ϳ25%, thus allowing a periodic modulation of the MR effect in response to varying the spatial angle between the directions of applied magnetic field and electric current for every 180°.