Two new homologous series of 1,3,5-tri substituted pyrazole derivatives derived from 1-X 3-methyl 5-pyrazolone (X=phenyl or tollyl), p- amino acetophenone and alkoxy aldehyde have been synthesized, viz. 4-(4 '-n-alkoxy propenoyl) imine-4 ''-(1-phenyl-3-methyl 5-one) pyrazole and 4-(4'-n-alkoxy propenoyl) imine-4 ''-(1-tollyl-3-methyl 5-one)pyrazole. The compounds of both the series have been characterized by elemental analyses, FT-IR, H-1-NMR, Mass spectrometry methods. Their liquid crystalline properties have been investigated by optical polarizing microscopy and DSC studies. All the derivatives are mesmorphic in nature showing nematic phase. The use of phenyl and tollyl substituted pyrazole core has a very dramatic effect on the melting clearing points. The mesomorphic behavior has been analyzed in terms of structure property relationship.