The bulk piezoresistivity of carbon nanotube (CNT) in polymer matrix was discussed to develop a strain sensor for engineering applications. The polymer improves interfacial bonding between the nanotubes and the CNT composite and that enhances the strain transfer, repeatability, and linearity of the sensor. The largest contribution of piezoresistivity of the sensor may come from slippage of overlaying or bundled nanotubes in the matrix, from a macroscopic point of view. Nano interfaces of CNTs in a matrix polymer also contribute to the linear strain response compared to other micro size carbon filler. The strain sensor had a low bandwidth and adequate strain sensitivity. The nanocomposite strain sensor is particularly useful for detecting large strains which can monitor strain and stress on a structure with simple electric circuit for strain monitoring of structures.