Feeding more will help the nitrates and phosphates come up.
Something to remember about corals, they need food in several forms. The animal itself requires planktonic organism to prey on, in order to have the proper building blocks to physically grow it's body. It also requires light for the symbiotic algae, who require food. Their food is NO3 and PO4. (There doesn't have to be much, but there has to be some). If you don't fullfill all of those requirements your corals will slowly decline (in a low light environment) or really bad things happen really quickly too them in a high light environment.
So go slow like Elementalj has outlined and increase your light incrementally, feed more, and let your NO3 and PO4 rise to detectable levels. Let your tank find a balance.