A manuever similar to what you are describing that I like to do in the
Archer is to leave the power on, pitch up 30 degrees, and hold that
until the airspeed drops to 65 knots. Then I kick full left rudder and
do a flat hammer head style turn while leaving the elevator in a
neutral position to unload the wings to prevent a stall. I also use
just enough aileron to keep the roll angle under control. The result
is that I come out 180 degrees from my original heading and level out
at the same altitude that I started at. The turn radius is very tight.

Dean