For that purpose, I would not choose this rod. It is definitely geared more towards dry flies.
However, I have a buddy that mainly indicator nymphs and all of the rods he uses are similar to this rod, just different sizes. He's a very good caster with these rigs, he slows down and throws wide loops. The two or three times a year I throw a nymph rig I get about an hour or two of fishing in before i destroy my leader and put a dry back on.
Tough to say, you might like it, but it wouldn't be my first choice for nymph rigs. I'd lean towards a radian or any sage except the circa or its equivalent.