I wouldn´t care about nitrate. Nitrate is just a kind of waste product of the nitrogen cycle. Only surplus nitrogen which is not taken up by the corals when it has been amino acids and ammonium ends up as nitrate ... and corals are very efficient in taking up ammonium. Besides this corals can make their own available nitrogen by nitrogen fixation of mutualistic bacteria.
I would care more about the dropping phosphate concentration. I recommend not to add nitrate in this situation. In my experience nitrate interferes with phosphate in corals. Acropora spp. but also other SPS are especially prone to phosphorus deficiency. I had bleaching of tabular Montipora after I changed from an organic nitrogen source to nitrate and it was not caused by nitrogen deficiency but by the interference of phosphate with nitrate since nitrate was available in surplus and phosphate was low.