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Magnetoresistance properties of Ni nanocontacts in the ballistic quantum regime are investigated in situ during closure and opening of electrochemically grown planar electrodes. The magnitude of conductance change when sweeping the magnetic field is of the order of the quantum conductance e2/h for conductance values spanning 1–100 quanta. The relative orientation of electric current and applied magnetic field changes the magnetoresistance sign, with symmetry properties reminiscent of bulk anisotropy magnetoresistance. Ex situ investigations of samples of higher conductance values, of the order of 1000 quanta, unambiguously show the analogy with bulk anisotropy magnetoresistance.