Hi Jahan,
I am sorry for the late reply. From what I have read in the previous forum "Pre-selection made, Selection made, etc." it is definitely a good sign. But, the only useful sign is "Funding". Also according to the previous comments "Selection made" means that they shortlisted the candidates but we can still get a rejection. I hope DAAD will not take a long time for them to release the result and hope all of us here will see good news soon.
Good luck!.